By Rebecca Melvin
New York, Sept. 4 – Ahli Bank QSC sold $500 million of 1 7/8% notes due 2025, according to market sources.
The notes were issued under the bank’s $2 billion euro medium-term note program. This was the fourth issuance of the program.
Barclays, Mizuho Financial Group, Qatar National Bank and Standard Chartered Bank were the joint lead managers and bookrunners.
The lender is based in Doha.
| Issuer: | Ahli Bank QSC
|
| Issue: | Notes
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| Amount: | $500 million
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| Maturity: | Sept. 8, 2025
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| Bookrunners: | Barclays, Mizuho Financial Group, Qatar National Bank and Standard Chartered Bank
|
| Coupon: | 1 7/8%
|
| Pricing date: | Sept. 2
|
| Settlement date: | Sept. 8
|
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