Oman Government Fund Buys Essdar’s Blue City Bond Holdings
This article is for subscribers only.
Onyx Investments Ltd., a fully owned subsidiary of the government controlled Oman Investment Fund, bought all of Essdar Investments Ltd.’s holdings of Blue City bonds.
The notes purchased represent 100 percent of the Class A1 notes and 98.8 percent of the Class A3 notes issued by Blue City, Oman Investment Fund said today. Essdar Investments is managed by Essdar Capital Managers Ltd. whose majority shareholder is the Abu Dhabi royal family.