By Rebecca Melvin
Concord, N.H., June 9 – QNB Finance Ltd. priced A$47 million floating-rate notes due 2026 guaranteed by Qatar National Bank QPSC at par, according to a notice.
The unrated series 353 notes were issued under the bank’s $22.5 billion medium-term note program and will bear interest at the bank bill swap rate plus 98 basis points.
Mizuho International plc is the dealer for the Regulation S offering.
The commercial bank’s headquarters are in Doha, Qatar.
| Issuer: | QNB Finance Ltd.
|
| Guarantor: | Qatar National Bank QPSC
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| Issue: | Floating-rate notes, series 353
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| Amount: | A$47 million
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| Maturity: | June 9, 2026
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| Dealer: | Mizuho International plc
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| Coupon: | Three-month BBSW plus 98 bps
|
| Price: | Par
|
| Yield: | Three-month BBSW plus 98 bps
|
| Issue date: | June 9
|
| Distribution: | Regulation S
|
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