Chicago, July 20 – QNB Finance Ltd. issued RMB 1 billion of 3.15% two-year senior notes at par, according to a final term sheet.
The series 365 notes are guaranteed by Qatar National Bank QPSC.
Proceeds will be used for general corporate purposes.
Credit Agricole CIB worked as dealer for the Regulation S issue.
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 1 billion
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| Maturity: | July 20, 2023
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| Dealer: | Credit Agricole CIB
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| Coupon: | 3.15%
|
| Price: | Par
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| Yield: | 3.15%
|
| Call features: | Non-callable
|
| Puts: | Non-putable
|
| Settlement date: | July 20
|
| Distribution: | Regulation S
|
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