E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/28/2013 in the Prospect News Emerging Markets Daily.

New Issue: Qatar National Bank sells CHF 200 million ½% notes due 2016 at 35 bps over mid-swaps

By Christine Van Dusen

Atlanta, May 28 - Qatar National Bank SAQ - through QNB Finance Ltd. - priced a CHF 200 million issue of ½% three-year notes (Aa3/A+/A+) at 100.51 to yield mid-swaps plus 35 basis points, a market source said.

Deutsche Bank and QNB Capital were the bookrunners for the Regulation S deal.

Issuer:QNB Finance Ltd.
Amount:CHF 200 million
Maturity:June 27, 2016
Description:Notes
Bookrunners:Deutsche Bank, QNB Capital
Coupon:½%
Price:100.51
Spread:Mid-swaps plus 35 bps
Trade date:May 28
Settlement date:June 27
Ratings:Moody's: Aa3
Standard & Poor's: A+
Fitch: A+
Distribution:Regulation S

© 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.