By Marisa Wong
Los Angeles, Jan. 20 – QNB Finance Ltd. priced $100 million of 0.82% one-year senior notes guaranteed by Qatar National Bank QPSC at par, according to a notice.
The series 393 notes will be issued under the bank’s $22.5 billion medium-term note program and listed on the London Stock Exchange.
Citigroup Global Markets Ltd. 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: | $100 million
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| Issue: | Senior notes, series 393
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| Maturity: | Jan. 25, 2023
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| Dealer: | Citigroup Global Markets Ltd.
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| Coupon: | 0.82%
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| Price: | Par
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| Yield: | 0.82%
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| Pricing date: | Jan. 20
|
| Settlement date: | Jan. 25
|
| Distribution: | Regulation S
|
| Listing: | London
|
| ISIN: | XS2436587641
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