DOHA: Qatar National Bank (QNB) Group has announced the successful completion of a bond issuance under its Euro Medium Term Note (EMTN) programme in the international capital markets.
The Reg S issue was oversubscribed with a book of over USD 3.0 billion, as it attracted strong interest from investors around the world.
Under this programme, a USD 1.0 billion tranche was issued on March 21, 2019 that matures after 5 years with an attractive fixed coupon rate of 3.5% per annum.
The deal was arranged and offered through a syndicate of Joint Lead Managers that included ANZ, Barclays Bank PLC, Credit Agricole CIB, Deutsche Bank, ING, QNB Capital LLC and Standard Chartered Bank. [the_ad id=”31605″]