Linklaters advises as Oman issues $6.5bn bond
Jonathan Fried, Capital Markets partner at Linklaters, says:
"Increasing reliance in the GCC on the international markets in light of oil price movements over the past couple of years is likely to be a continuing theme in 2018. This is an important transaction for the country and the market as it sets an optimistic tone for 2018."The Linklaters team was led by Capital Markets partner Jonathan Fried and, on the US law aspects, partner Cecil Quillen. Managing associates Dalia Nammari and Scott James and associate Nicola Minervini also advised on the deal.
Linklaters previously advised on the Sultanate of Oman’s first ever sukuk issuance in 2015 and on the establishment of its sukuk issuance programme and the subsequent U.S.$2bn drawdown thereunder, along with other debt raisings amounting to $9bn, in 2016 and 2017