OIF Nears Syndication Deal for Omantel Acquisition

Posted on 03/16/2017


The Oman Investment Fund (OIF) is in the midst of finalizing its complete syndication of a 5-year, US$ 600 million loan. The loan capital is being used for the acquisition of Oman Telecommunications Company SAOG (Omantel) shares, a 51% ownership stake, from Oman’s Ministry of Finance. The deal for OIF to acquire the 51% stake […]