By Marisa Wong
Los Angeles, Oct. 13 – QNB Finance Ltd. priced RMB 140 million of 3% senior notes due 2025 (Aa3) guaranteed by Qatar National Bank QPSC at par, according to a notice.
Credit Suisse Securities (Europe) Ltd. is the dealer for the Regulation S offering.
The series 294 notes will be issued under the bank’s $22.5 billion medium-term note program.
Proceeds will be used for general corporate purposes.
The commercial bank’s headquarters are in Doha, Qatar.
| Issuer: | QNB Finance Ltd.
|
| Guarantor: | Qatar National Bank QPSC
|
| Issue: | Senior notes, series 294
|
| Amount: | RMB 140 million
|
| Maturity: | Oct. 16, 2025
|
| Dealer: | Credit Suisse Securities (Europe) Ltd.
|
| Coupon: | 3%
|
| Price: | Par
|
| Yield: | 3%
|
| Pricing date: | Oct. 13
|
| Settlement date: | Oct. 16
|
| Rating: | Moody’s: Aa3
|
| 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.
