By Marisa Wong
Los Angeles, Dec. 7 – QNB Finance Ltd. priced $20 million of 1.28% three-year notes guaranteed by Qatar National Bank QPSC at par, according to a notice.
Merrill Lynch International is the dealer for the Regulation S offering.
The series 309 notes will be issued under the bank’s $22.5 billion medium-term note program.
The commercial bank’s headquarters are in Doha, Qatar.
| Issuer: | QNB Finance Ltd.
|
| Guarantor: | Qatar National Bank QPSC
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| Issue: | Senior notes, series 309
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| Amount: | $20 million
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| Maturity: | Dec. 9, 2023
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| Dealer: | Merrill Lynch International
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| Coupon: | 1.28%
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| Price: | Par
|
| Yield: | 1.28%
|
| Pricing date: | Dec. 7
|
| Settlement date: | Dec. 9
|
| Distribution: | Regulation S
|
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