By Rebecca Melvin
Concord, N.H., April 9 – QNB Finance Ltd. has priced RMB 140 million of 3.18% five-year senior notes (series 336) at par, according to a document of final terms.
The notes (Aa3) are guaranteed by Qatar National Bank QPSC, and issued under the bank’s $22.5 billion medium-term note program.
Proceeds will be used for general corporate purposes.
They were listed for trading on the London Stock Exchange’s International Securities Market on Friday.
The commercial bank’s headquarters are in Doha, Qatar.
Issuer: | QNB Finance Ltd.
|
Guarantor: | Qatar National Bank QPSC
|
Issue: | Senior notes (series 336)
|
Amount: | RMB 140 million
|
Maturity: | April 9, 2026
|
Coupon: | 3.18%
|
Price: | Par
|
Yield: | 3.18%
|
Call features: | Non-callable
|
Puts: | Non-putable
|
Pricing date: | March 31
|
Settlement date: | April 9
|
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.