QNB concludes $1bn bond issue

Doha – Mubasher: Qatar National Bank (QNB) said Thursday that it has successfully completed a bond issuance worth $1 billion under its Euro Medium Term Note (EMTN) programme in the international capital markets.

Under this programme, the bonds will be matured after five years with a fixed coupon rate of 2.125% per annum, according to a bourse filing.

The bank said that the Reg S issue attracted strong interest from investors around the world as  it was oversubscribed over 2.5 times.

Mubasher Contribution Time: 01-Sep-2016 08:22 (GMT)
Mubasher Last Update Time: 01-Sep-2016 08:22 (GMT)