Chicago, June 1 – QNB Finance Ltd. sold RMB 150 million of 3.41% senior notes due June 1, 2026 at par, according to a final term sheet.
The guarantor is Qatar National Bank QPSC.
The non-callable, non-putable notes pay interest annually and are listed on the London Stock Exchange.
Proceeds will be used for general corporate purposes.
Deutsche Bank AG, London Branch is the dealer for the Regulation S notes.
The commercial bank’s headquarters are in Doha, Qatar.
| Issuer: | QNB Finance Ltd.
|
| Guarantor: | Qatar National Bank QPSC
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| Issue: | Senior notes
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| Amount: | RMB 150 million
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| Maturity: | June 1, 2026
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| Bookrunners: | Deutsche Bank AG, London Branch
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| Coupon: | 3.41%
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| Price: | Par
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| Yield: | 3.41%
|
| Call features: | Non-callable
|
| Puts: | Non-putable
|
| Settlement date: | June 1
|
| Distribution: | Regulation S
|
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