Taageer Finance Company SAOG Receives CMA Approval for Closure of Bonds Issue
November 17, 2021 at 12:09 am EST
Taageer Finance Company SAOG announced that in continuation to the approval of the shareholders at the Extra Ordinary General Meeting held on 10 June 2020 for the issue of Unsecured, Non-Convertible, Sub-ordinated Bonds through Private subscription for an amount OMR 10,000,000 (plus a green shoe (additional) option of OMR 5,000,000), the company announced that the Bonds subscription has been closed for an amount of OMR 13.232 Million and the approval of Capital Market Authority (CMA) has been received vide its letter reference HSM/1603/2021 dated October 11, 2021.