By Angela McDaniels
Tacoma, Wash., Dec. 2 – QNB Finance Ltd., a subsidiary of Qatar National Bank, priced RMB 350 million of 4.0525% seven-year senior notes at par, according to a filing with the London Stock Exchange.
Credit Agricole CIB is the dealer.
The non-callable Regulation S notes are being issued under the company’s $17.5 billion medium-term note program.
The commercial bank’s headquarters are in Doha, Qatar.
| Issuer: | QNB Finance Ltd.
|
| Guarantor: | Qatar National Bank QPSC
|
| Issue: | Senior notes
|
| Amount: | RMB 350 million
|
| Maturity: | Dec. 4, 2026
|
| Dealer: | Credit Agricole CIB
|
| Coupon: | 4.0525%, payable annually
|
| Price: | Par
|
| Yield: | 4.0525%
|
| Call option: | None
|
| Issue date: | Dec. 2
|
| Settlement date: | Dec. 4
|
| Distribution: | Regulation S
|
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