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Sultanate of Oman - Tender - Final Results (Any & All Offer) & Indicative Accept. (Capped Offer)

THE GOVERNMENT ANNOUNCES: (I) FINAL RESULTS OF ITS ANY AND ALL OFFER (AS SUCH TERM IS DEFINED BELOW) IN RESPECT OF THE OUTSTANDING U.S.$2,000,000,000 4.397 PER CENT. TRUST CERTIFICATES DUE 2024 (XS1620176831/US68204LAA26/68204LAA2) ISSUED BY OMAN SOVEREIGN SUKUK S.A.O.C. (THE “CERTIFICATES”); AND (II) INDICATIVE SERIES ACCEPTANCE AMOUNTS AND CLEARING SPREADS FOR THE PURPOSES OF ITS CAPPED OFFERS

20 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Euronext


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"Final Results of the Any and All Offer


As at the Expiration Deadline, valid Tender Instructions had been received by the Tender Agent in respect of U.S.$181,935,000 in aggregate principal amount of Certificates. No Certificates were tendered pursuant to the Guaranteed Delivery Procedures. The Government hereby announces that it intends to accept all Certificates validly tendered pursuant to the Any and All Offer as set out below, subject to satisfaction or waiver of the conditions to the Any and All Offer set out in the Tender Offer Memorandum



The expected Settlement Date in respect of the Any And All Offer is 22 September 2023.


Announcement of Indicative Series Acceptance Amounts and Clearing Spreads for the Capped Offers


The Government had received valid Tender Instructions (including Non-Competitive Tender Instructions and Competitive Tender Instructions) in respect of U.S.$1,476,544,000 in aggregate nominal amount of the Notes for purchase pursuant to the Capped Offers.


If the Government decides to accept valid tenders of Notes pursuant to the Capped Offers, subject to the terms and conditions set out in the Tender Offer Memorandum, the Government expects to:


1. set the Series Acceptance Amount for the 2025 Notes at U.S.$244,390,000. The Government expects to set the 2025 Notes Clearing Spread at 55 basis points. All submitted Tender Instructions of the 2025 Notes at the 2025 Notes Clearing Spread or a higher spread will be accepted in full without any pro rata scaling; and


2. set the Series Acceptance Amount for the 2027 Notes at U.S.$301,932,000. The Government expects to set the 2027 Notes Clearing Spread at 125 basis points. All submitted Tender Instructions of the 2027 Notes at the 2027 Notes Clearing Spread or a higher spread will be accepted in full without any pro rata scaling.


The Government does not intend to accept any Tender Instructions in respect of the 2026 Notes and, accordingly, the Government expects to set the Series Acceptance Amount for the 2026 Notes at U.S.$0.


Existing Noteholders should note that thisis a non-binding indication of the level at which the Government expects to set the Series Acceptance Amounts. As soon as reasonably practicable following the pricing of the Notes, the Government will announce whether it will accept valid tenders of Notes pursuant to the Capped Offers and, if so accepted, the Series Acceptance Amounts."


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THE GOVERNMENT ANNOUNCES PRICING OF ITS ANY AND ALL OFFER (AS SUCH TERM IS DEFINED BELOW)IN RESPECT OF THE OUTSTANDING U.S.$2,000,000,000 4.397 PER CENT. TRUST CERTIFICATES DUE 2024 (XS1620176831/US68204LAA26/68204LAA2) ISSUED BY OMAN SOVEREIGN SUKUK S.A.O.C. (THE "CERTIFICATES").

19 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Lonse


"On 12 September 2023, the Government announced an invitation to the holders of: (i) the Certificates to tender any and all such Certificates for purchase by the Government for cash, subject to satisfaction or waiver of certain conditions described in the Tender Offer Memorandum dated 12 September 2023 (as amended by the announcement of an updated timetable released by the Government dated 13 September 2023) (the "Tender Offer Memorandum") (such invitation, the "Any and All Offer"); and (ii) the 2025 Notes, the 2026 Notes and the 2027 Notes (each, as defined in the Tender Offer Memorandum) (collectively, the "Notes", and together with the Certificates, the "Securities" and each, a "Series") to tender such Notes for purchase by the Government for cash subject to the Maximum Aggregate Note Purchase Amount (each such invitation, a "Capped Offer" and together, the "Capped Offers" and together with the Any and All Offer, the "Offers"), in each case, subject to satisfaction or waiver of the conditions described in the Tender Offer Memorandum and at a price calculated as described in the Tender Offer Memorandum. Capitalised terms used in this announcement but not defined herein have the meanings given to them in the Tender Offer Memorandum.


The Pricing Time for the Any and All Offer was at 10:02 a.m., New York time on 19 September 2023. A summary of the final pricing of the Certificates for the purposes of the Any and All Offer appears below:"



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THE GOVERNMENT OF THE SULTANATE OF OMAN, REPRESENTED BY THE MINISTRY OF FINANCE, ANNOUNCES AN UPDATED TIMETABLE IN RELATION TO THE CASH OFFERS FOR CERTAIN OUTSTANDING SERIES OF NOTES

13 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Euronext


See notice for amended timeline.

 

Invitation by THE GOVERNMENT OF THE SULTANATE OF OMAN represented by THE MINISTRY OF FINANCE (the "Government")

12 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Euronext


"invitation by THE GOVERNMENT OF THE SULTANATE OF OMAN

represented by

THE MINISTRY OF FINANCE

(the "Government")



to the holders of (i) the Certificates (as defined below) to tender any and all such Certificates for purchase by the Government for cash, subject to satisfaction or waiver of certain conditions described in the Tender Offer Memorandum dated 12 September 2023 (the "Tender Offer Memorandum") (such invitation, the "Any and All Offer") and (ii) the 2025 Notes, the 2026 Notes and the 2027 Notes (each as defined below) (collectively, the "Notes", and together with the Certificates, the "Securities" and each a "Series") to tender such Notes for purchase by the Government for cash subject to the Maximum Aggregate Note Purchase Amount (each such invitation a "Capped Offer" and together, the "Capped Offers" and together with the Any and All Offer, the "Offers"), in each case, subject to satisfaction or waiver of the conditions described in the Tender Offer Memorandum, and at a price calculated as described in the Tender Offer Memorandum."


Summary of the Offers


Any and All Offer



Capped Offer




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