News Highlights
27 Jul, 2015
In accordance with the resolution passed at the General Meeting of the Holders of the Mandatory Convertible Bonds (MCBs) held on July 6, 2015, Renaissance (the “Company”) is offering to repurchase one-third of the total MCBs at a repurchase price of RO 0.170 per MCB. Accordingly, those MCB holders who are interested to sell their first tranche of MCBs to the Company shall submit their sale authorization form with Gulf Baader Capital Markets (‘Sole Authorized Broker’) from Sunday, July 26, 2015 to Thursday, July 30, 2015...Read More
15 Jul, 2015
Renaissance Group (“Renaissance”) successfully priced a dual-currency subordinated perpetual bond issuance. An aggregate issue size of USD 125million was raised through a wholly owned overseas subsidiary of Renaissance, the proceeds will be used to finance the repurchase of Renaissance’s mandatory convertible bonds. The bond was priced with a coupon of 7.900%and the issue was placed on a private offering basis. The bond will be listed on the Irish Stock Exchange...Read More
07 Jul, 2015
A General Meeting of Renaissance Services SAOG (‘the Company”) Mandatory Convertible Bond holders (“MCB holders”) was held at 3:30 p.m. on Monday 06 July 2015 at the Meeting Hall of the Capital Market Authority (CMA). The MCB holders meeting was attended by the CMA delegate, a representative of Muscat Clearing and Depository Co. SAOC, a representative of the company’s legal advisors and a representative of the Company’s Statutory Auditor. The percentages of the share represented in the meeting amounted to 89.36%..Read More
Renaissance CFO answers questions on financing, oil price impact and other issues      
Company Reports


Financials Q1 - 2015

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Chairman's Statement Q1 - 2015
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Annual Report 2014