Notice of Redemption

Summary by AI BETAClose X

Oman Arab Bank SAOG has announced the redemption of its US$250,000,000 Perpetual Tier 1 Capital Securities on June 4, 2026, which is the first call date. The bank will redeem these securities in full at the early redemption amount as per the terms and conditions outlined in the Offering Circular dated June 2, 2021. Consequently, the bank will request the cancellation of the securities' listing on the London Stock Exchange's International Securities Market.

Disclaimer*

Oman Arab Bank SAOG
11 May 2026
 

11 May 2026

 

OMAN ARAB BANK S.A.O.G.

 (the "Bank")

 

Notice of Redemption to the Holders of

US$250,000,000 Perpetual Tier 1 Capital Securities

 

(Common Code: 234653024, ISIN: XS2346530244)

 

(the "Capital Securities")

 

 

 

Notice is hereby given that pursuant to Condition 9.1(b) (Bank's Call Option) of the terms and conditions of the Capital Securities (the "Conditions"), as set out in the Offering Circular dated 2 June 2021, the Bank will redeem the Capital Securities in whole, but not in part, on 4 June 2026 (being the First Call Date) at the Early Redemption Amount in accordance with the Conditions.

 

The Bank will request the London Stock Exchange's International Securities Market (the "ISM") to cancel the listing of the Capital Securities on the ISM.

 

Capitalised terms used in this Redemption Notice that are not otherwise defined herein have the meanings given to them in the Conditions.

 

 

For further information, please contact:

 

 

Ahmed El Damaty

Phone: +968 24754 900

Email: Ahmed.ElDamaty@oab.om

Sara Al Balushi

Phone: +968 24754 178

Email: Sara.Al-Balushi@oab.om

 

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