Muscat – Fitch Ratings has assigned Oman Telecommunications Company’s (Omantel) $500mn senior unsecured trust certificates a final ‘BB+’ rating with a Recovery Rating of ‘RR4’. The sukuk was issued through the trustee, Otel Sukuk Limited (OSL). Oztel Holdings SPC Limited (Oztel) will act as guarantor to all of Omantel’s obligations under the transaction documents. The […]