By Marisa Wong
Los Angeles, Sept. 14 – QNB Finance Ltd. priced A$75 million of 2.93% senior notes due Sept. 16, 2035 guaranteed by Qatar National Bank QPSC at par, according to a notice.
Standard Chartered Bank is the dealer for the Regulation S offering.
The unrated series 284 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
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| Issue: | Senior notes, series 284
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| Amount: | A$75 million
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| Maturity: | Sept. 16, 2035
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| Dealer: | Standard Chartered Bank
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| Coupon: | 2.93%
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| Price: | Par
|
| Yield: | 2.93%
|
| Pricing date: | Sept. 10
|
| Settlement date: | Sept. 16
|
| Distribution: | Regulation S
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