By Marisa Wong
Los Angeles, Jan. 24 – QNB Finance Ltd. priced HK$300 million of 2.4% five-year senior notes guaranteed by Qatar National Bank QPSC at par, according to a notice.
The series 394 notes will be issued under the bank’s $22.5 billion medium-term note program and listed on the London Stock Exchange.
HSBC Bank plc is the dealer for the non-syndicated offering.
Proceeds from the Regulation S deal will be used for general corporate purposes.
The commercial bank’s headquarters are in Doha, Qatar.
| Issuer: | QNB Finance Ltd.
|
| Guarantor: | Qatar National Bank QPSC
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| Amount: | HK$300 million
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| Issue: | Senior notes, series 394
|
| Maturity: | Jan. 25, 2027
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| Dealer: | HSBC Bank plc
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| Coupon: | 2.4%
|
| Price: | Par
|
| Yield: | 2.4%
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| Pricing date: | Jan. 24
|
| Settlement date: | Jan. 25
|
| Distribution: | Regulation S
|
| Listing: | London
|
| ISIN: | XS2436160001
|
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