By Rebecca Melvin
Concord, N.H., April 19 – QNB Finance Ltd. priced RMB 400 million of 3.52% notes due 2023 guaranteed by Qatar National Bank QPSC at par, according to a notice.
The series 342 notes will be issued under the bank’s $22.5 billion medium-term note program and listed on the London Stock Exchange.
Proceeds from the Regulation S offering 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: | Fixed-rate notes, series 342
|
| Amount: | RMB 400 million
|
| Maturity: | April 21, 2023
|
| Coupon: | 3.52%
|
| Price: | Par
|
| Yield: | 3.52%
|
| Pricing date: | April 19
|
| Settlement date: | April 21
|
| Distribution: | Regulation S
|
| Listing: | London
|
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