ֳ

Entity

Oman

EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)

ESG Relevance
1
2
3
4
5

01Ratings

RatingActionDateType
BB+Affirmed18-Dec-2024Long Term Issuer Default Rating
BAffirmed18-Dec-2024Short Term Issuer Default Rating
BBB-Affirmed18-Dec-2024Country Ceiling
BAffirmed18-Dec-2024Local Currency Short Term Issuer Default Rating
BB+Affirmed18-Dec-2024Local Currency Long Term Issuer Default Rating
Ratings KeyOutlookWatch
Positive
Negative
Evolving
Stable 

* Ratings displayed in orange denotes EU or UK Unsolicited and Non-Participatory Ratings

Where there was a review with no rating action (Review – No Action), please refer to the “Latest Rating Action Commentary” for an explanation of key rating drivers

*Premium Content is displayed in ֳ Red

Rating History

Date :18-Dec-202424-May-202425-Sep-202311-Apr-202315-Aug-202220-Dec-202118-May-202117-Aug-202012-Mar-202022-Jul-201918-Dec-201826-Jun-201811-Dec-201719-Jun-201703-Jan-2017
Rating :BB+BB+BB+BBBBBB-BB-BB-BBBB+BB+BBB-BBB-BBBBBB
Action :AffirmedAffirmedUpgradeAffirmedUpgradeAffirmedAffirmedDowngradeDowngradeAffirmedDowngradeAffirmedDowngradeAffirmedPublish

02Rating Actions

03Insights

Rating Report / Thu 06 Mar, 2025

Oman

Rating Report / Tue 25 Jun, 2024

Oman

Rating Report / Mon 16 Oct, 2023

Oman

Rating Report / Mon 22 May, 2023

Oman

Rating Report / Tue 06 Sep, 2022

Oman

Rating Report / Fri 04 Jun, 2021

Oman

04Sector Outlooks

05Securities and Obligations

Filter
Sort by
Rated Entity / Debt  
Ratings  
Entity Details  
Debt Type & Identifiers  
Other Details  
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 2.5 bln 5.625% bond/note 17-Jan-2028
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
CUSIP: 682051AH0 (144A)
ISIN: US682051AH04 (144A)
ISIN: XS1750113661 (Reg S)
Maturity Date: 17-Jan-2028
Currency: USD
Amount: 2,500,000,000
Coupon Rate: 5.625%
Placement: 144A
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 2 bln 6.5% bond/note 08-Mar-2047
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
CUSIP: 682051AF4 (144A)
ISIN: XS1575968026 (Reg S)
ISIN: US682051AF48 (144A)
Maturity Date: 08-Mar-2047
Currency: USD
Amount: 2,000,000,000
Coupon Rate: 6.5%
Placement: Reg S
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 2.5 bln 4.75% bond/note 15-Jun-2026
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
CUSIP: 682051AC1 (144A)
ISIN: US682051AC17 (144A)
ISIN: XS1405777589 (Reg S)
Maturity Date: 15-Jun-2026
Currency: USD
Amount: 2,500,000,000
Coupon Rate: 4.75%
Placement: 144A
Issuer: Oman
Debt Level: senior unsecured
Issue: USD program
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; program - medium term note
Currency: USD
Amount: 0
Placement: Public
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 2.25 bln 6% bond/note 1-Aug-2029
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
CUSIP: 68205LAB9 (144A)
ISIN: US68205LAB99 (144A)
ISIN: XS1944412748 (Reg S)
Maturity Date: 01-Aug-2029
Currency: USD
Amount: 2,250,000,000
Coupon Rate: 6%
Placement: Reg S
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 1.25 bln 4.875% bond/note 01-Feb-2025
01-Feb-2025
NR
Matured
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed;
senior unsecured; bond/note
CUSIP: 68205LAA1 (144A)
ISIN: US68205LAA17 (144A)
ISIN: XS1944412664 (Reg S)
Maturity Date: 01-Feb-2025
Currency: USD
Amount: 1,250,000,000
Coupon Rate: 4.875%
Placement: 144A
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 2 bln 5.375% bond/note 08-Mar-2027
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
CUSIP: 682051AE7 (144A)
ISIN: US682051AE72 (144A)
ISIN: XS1575967218 (Reg S)
Maturity Date: 08-Mar-2027
Currency: USD
Amount: 2,000,000,000
Coupon Rate: 5.375%
Placement: Reg S
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 2.75 bln 6.75% bond/note 17-Jan-2048
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
CUSIP: 682051AJ6 (144A)
ISIN: US682051AJ69 (144A)
ISIN: XS1750114396 (Reg S)
Maturity Date: 17-Jan-2048
Currency: USD
Amount: 2,750,000,000
Coupon Rate: 6.75%
Placement: 144A
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 1.45 bln 6.75% bond/note 28-Oct-2027
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
CUSIP: 68205LAD5 (144A)
ISIN: US68205LAD55 (144A)
ISIN: XS2234859101 (Reg S)
Maturity Date: 28-Oct-2027
Currency: USD
Amount: 1,450,000,000
Coupon Rate: 6.75%
Placement: 144A
Issuer: Oman
Debt Level: senior unsecured
Issue: USD 1.05 bln 7.375% bond/note 28-Oct-2032
18-Dec-2024
BB+
Affirmed
Long Term Rating

Rating History
Country: Oman
Sectors: Sovereigns
Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
CUSIP: 68205LAE3 (144A)
ISIN: US68205LAE39 (144A)
ISIN: XS2234859283 (Reg S)
Maturity Date: 28-Oct-2032
Currency: USD
Amount: 1,050,000,000
Coupon Rate: 7.375%
Placement: 144A
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06Disclosures

Original Rating Date
Long Term Issuer Default Rating03-Jan-2017
Short Term Issuer Default Rating03-Jan-2017
Country Ceiling03-Jan-2017
Local Currency Short Term Issuer Default Rating03-Jan-2017
Local Currency Long Term Issuer Default Rating03-Jan-2017
Endorsement Status
EU Endorsed, UK Endorsed
Country of ֳ Office
HONG KONG, CHINA
Solicitation Status
Long Term Issuer Default RatingSolicited - Sell Side
Short Term Issuer Default RatingSolicited - Sell Side
Country CeilingSolicited - Sell Side
Local Currency Long Term Issuer Default RatingSolicited - Sell Side
Local Currency Short Term Issuer Default RatingSolicited - Sell Side
Country of Analyst
HONG KONG, CHINA

07Identifiers

Type:CUSIPCUSIPLEI
Identifier:68205168205L549300SZ20F0QTKNQC75

08Criteria

24Oct
2024
Active Criteria
Sovereign Rating Criteria
24Jul
2023
Active Criteria
Country Ceiling Criteria
06Apr
2023
Expired Criteria
Sovereign Rating Criteria - Effective from 6 April 2023 to 24 October 2024
11Jul
2022
Expired Criteria
Sovereign Rating Criteria - Effective from 11 July 2022 to 6 April 2023
13Jun
2022
Active Criteria
Sukuk Rating Criteria
More Criteria

09Analysts

Cedric Julien Berry
Primary Rating Analyst

Paul Gamble
Secondary Rating Analyst

Credit-Relevant ESG Scale

How relevant are E, S and G issues to the overall credit rating?

5
Highly relevant, a key rating driver that has a significant impact on the rating on an individual basis. Equivalent to "higher" relative importance within Navigator.
4
Relevant to rating, not a key rating driver but has an impact on the rating in combination with other factors. Equivalent to "moderate" relative importance within Navigator
3
Minimally relevant to rating, either very low impact or actively managed in a way that results in no impact on the entity rating. Equivalent to "lower" relative importance within Navigator.
2
Irrelevant to the entity rating but relevant to the sector.
1
Irrelevant to the entity rating and irrelevant to the sector

* ESG Relevance is applicable for international scale ratings only

Ratings KeyOutlookWatch
Positive
Negative
Evolving
Stable 

* Ratings displayed in orange denotes EU or UK Unsolicited and Non-Participatory Ratings

Where there was a review with no rating action (Review – No Action), please refer to the “Latest Rating Action Commentary” for an explanation of key rating drivers

*Premium Content is displayed in ֳ Red