Renaissance services printed a US$125.5m-equivalent perpetual non-call five bond on Wednesday. The deal was split between a US$38.5m tranche and an OR33.5m (US$87m) piece, both priced at par to yield 7.9%, rising by 500bp to 12.9% after the July 2020 first-call date. Standard Chartered, National Bank of Oman and Bank Sohar ran the trade.
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