Oman Arab Bank S.A.O.G. Announces Mandate of Joint Lead Managers for Proposed Additional Tier 1 Capital Securities Issuance

 

Oman Arab Bank S.A.O.G. (“OAB” or the “Bank”) announced on 18 May 2026 the mandate of a group of financial institutions in connection with a proposed benchmark fixed rate resettable U.S. dollar-denominated Regulation S Additional Tier 1 perpetual non-call 5.5-year capital securities issuance, subject to market conditions.

The Bank has mandated Abu Dhabi Commercial Bank, Arab Bank plc, Arqaam Capital, Citigroup, Emirates NBD, First Abu Dhabi Bank, Kamco Invest, Oman Investment Bank, Standard Chartered and Ubhar Capital as Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners to arrange a global investor conference call and a series of fixed income investor calls commencing on 18 May 2026.

The proposed issuance forms part of the Bank’s broader strategy to actively manage and optimise its capital structure, support long-term growth objectives, and further strengthen its regulatory capital base.

Commenting on the announcement, Sulaiman Al Harthi, Chief Executive Officer, said:

“The proposed issuance reflects Oman Arab Bank’s continued commitment to prudent capital management and maintaining a strong and diversified funding profile. The mandate of leading financial institutions reflects continued confidence in the Bank’s financial strength, strategic direction, and long-term growth prospects.

Proceeding with this transaction amid heightened geopolitical uncertainty and challenging market conditions further demonstrates the resilience of the Bank and the strength of the broader Omani banking sector.”

The proposed issuance is expected to further support the Bank’s capital optimisation strategy and remains subject to market conditions.

For further information, please contact:

investor.relations@oab.om