Junk-rated Oman taps investors in cash grab to bolster finances

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Junk-rated Oman taps investors in cash grab to bolster finances

AdobeStock_Oman_575x375_06July2020

Oman, one of only two sub-investment grade sovereign credits in the Gulf region, tapped two of its dollar bonds for $500m this week as it seeks to shore up state finances.

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