By Marisa Wong
Los Angeles, Jan. 10 – QNB Finance Ltd. priced $20 million of 0.57% senior notes due Jan. 10, 2023 guaranteed by Qatar National Bank QPSC at par, according to a notice.
The series 388 notes will be issued under the bank’s $22.5 billion medium-term note program and listed on the London Stock Exchange.
Goldman Sachs International is the dealer for the non-syndicated offering.
Proceeds from the Regulation S notes will be used for general corporate purposes.
The commercial bank’s headquarters are in Doha, Qatar.
Issuer: | QNB Finance Ltd.
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Guarantor: | Qatar National Bank QPSC
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Amount: | $20 million
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Issue: | Senior notes, series 388
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Maturity: | Jan. 10, 2023
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Dealer: | Goldman Sachs International
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Coupon: | 0.57%
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Price: | Par
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Yield: | 0.57%
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Pricing date: | Jan. 6
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Settlement date: | Jan. 10
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Distribution: | Regulation S
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Listing: | London
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ISIN: | XS2427254177
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