By Rebecca Melvin
Concord, N.H., April 28 – QNB Finance Ltd. priced RMB 130 million of 3.42% three-year notes guaranteed by Qatar National Bank QPSC at par, according to a notice.
The series 344 notes due April 27, 2024 will be issued under the bank’s $22.5 billion medium-term note program and listed on the London Stock Exchange.
Deutsche Bank was the dealer for the Regulation S offering, the proceeds of which 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 344
|
| Amount: | RMB 130 million
|
| Maturity: | April 27, 2024
|
| Dealer: | Deutsche Bank AG London Branch
|
| Coupon: | 3.42%
|
| Price: | Par
|
| Yield: | 3.42%
|
| Pricing date: | April 23
|
| Settlement date: | April 27
|
| Distribution: | Regulation S
|
| Listing: | London
|
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