By Rebecca Melvin
Concord, N.H., Feb. 2 – QNB Finance Ltd. priced A$30 million of 3.4% 10-year fixed-rate senior notes at par, according to a notice.
The notes are guaranteed by Qatar National Bank QPSC.
The series 397 notes (A) will be issued under the bank’s $22.5 billion medium-term note program and listed on the London Stock Exchange.
Merrill Lynch 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.
|
| Guarantor: | Qatar National Bank QPSC
|
| Amount: | A$30 million
|
| Issue: | Senior notes, series 397
|
| Maturity: | Feb. 7, 2032
|
| Dealer: | Merrill Lynch International
|
| Coupon: | 3.4%
|
| Price: | Par
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| Yield: | 3.4%
|
| Trade date: | Jan. 25
|
| Issue date: | Feb. 7
|
| Rating: | S&P: A
|
| Distribution: | Regulation S
|
| Listing: | London
|
| ISIN: | XS2439215208
|
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