Chicago, March 30 – QNB Finance Ltd. priced RMB 220 million of 3½% five-year senior notes at par, according to a document with the final terms.
The notes, which are guaranteed by Qatar National Bank QPSC, are being issued under the bank’s $22.5 billion medium-term note program.
The Regulation S notes 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
|
| Amount: | RMB 220 million
|
| Maturity: | March 31, 2026
|
| Coupon: | 3½%
|
| Price: | Par
|
| Yield: | 3½%
|
| Call features: | Non-callable
|
| Puts: | Non-putable
|
| Trade date: | March 29
|
| Settlement date: | March 31
|
| 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.
