By Marisa Wong
Los Angeles, Feb. 10 – QNB Finance Ltd. priced £20 million of 0.115% senior notes due Feb. 9, 2024 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 321 notes will be issued under the bank’s $22.5 billion medium-term note program and will be listed on the London Stock Exchange.
Proceeds will be used for general corporate purposes.
The commercial bank’s headquarters are in Doha, Qatar.
| Issuer: | QNB Finance Ltd.
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| Guarantor: | Qatar National Bank QPSC
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| Issue: | Senior notes, series 321
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| Amount: | £20 million
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| Maturity: | Feb. 9, 2024
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| Dealer: | Merrill Lynch International
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| Coupon: | 0.115%
|
| Price: | Par
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| Yield: | 0.115%
|
| Pricing date: | Feb. 4
|
| Settlement date: | Feb. 9
|
| Listing: | London Stock Exchange
|
| Distribution: | Regulation S
|
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