Qatar National Bank mandates bookrunners for benchmark dollar-denominated note offering

By Paul A. Harris

Portland, Ore., Feb. 9 - Qatar National Bank SAQ (Aa3/A+/A+) mandated Barclays Capital, Citigroup, HSBC, QNB Capital and Standard Chartered Bank to set up investor meetings ahead of an anticipated benchmark-sized dollar-denominated offering of fixed-rate notes, according to market sources.

The meetings begin on Monday in London.

The Regulation S deal is subject to market conditions.

The notes will be issued under the bank's $7.5 billion euro medium-term note program.

Qatar National Bank is the largest bank in Qatar with a majority stake held by the Government of Qatar via the Qatar Investment Authority.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.