DUBAI: Qatar National Bank, the Gulf state's largest lender plans to issue a seven-year bond of at least $500 million, possibly as early as Monday, arranging banks said.
The lender, rated A+ by Fitch Ratings and Standard & Poor's, released initial price guidance in the 3.125 percent area for the senior, unsecured notes.
Deutsche Bank, HSBC Holdings, JP Morgan , Mitsubishi, Standard Chartered and QNB itself were mandated to arrange the deal. (Reuters)
