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Oman overcomes downgrade to make follow-up appearance

24 May 2017

Oman (Baa1/BBB, Moody's/Fitch) priced a USD2bn 7-year Sukuk at MS+235bp on Tuesday (23 May), marking its second issue of the year. Although the borrower was recently downgraded by S&P from BBB- to BB+ (negative outlook), Oman

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