Taageer Finance plans OMR5m bond issue

06/12/2017 06:12 AST

Taageer Finance Company has decided to convene an extraordinary general meeting (EGM) on December 18 to seek approval for a OMR5-million non-convertible bond issue as private placement. The bond issue will have an additional green-shoe option for OMR2.5 million, according to a disclosure statement posted on the Muscat Securities Market (MSM) website.

The bond issue with a face value of OMR1 is for two years and will be listed on the Muscat Securities Market.


Times of Oman

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Taageer Finance, one of the leading non-banking finance companies (NBFCs) in Oman, has become the financial institution to launch a mobile app - branded as "Tamweeli," for its customers.

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Taageer Finance plans OMR5m-bond issue

20/12/2017

Taageer Finance Company plans to issue non-convertible bonds worth OMR5 million, with a green-shoe option of OMR2.5 million additional bonds.

The issue will be by way of private placement,

Times of Oman

Taageer Finance plans OMR5m-bond issue

19/12/2017

Taageer Finance Company plans to issue non-convertible bonds worth OMR5 million, with a green-shoe option of OMR2.5 million additional bonds.

The issue will be by way of private placement,

Times of Oman

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