Oman Electricity Transmission Co markets dollar bonds

DUBAI: Oman Electricity Transmission Company gave initial price guidance of 6.25%-6.375% for 10-year US dollar-denominated bonds expected to launch on Wednesday, a document from one of the banks on the deal showed.

The company is 51% owned by the Sultanate of Oman via the state-owned Electricity Holding Company (Nama) and 49% by China's State Grid International Development Ltd.