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Published on 11/30/2020 in the Prospect News Emerging Markets Daily.

New Issue: Qatar National Bank sells A$50 million 2.85% senior notes due 2035

By Marisa Wong

Los Angeles, Nov. 30 – QNB Finance Ltd. priced A$50 million of 2.85% senior notes due Dec. 4, 2035 guaranteed by Qatar National Bank QPSC at par, according to a notice.

HSBC Bank plc is the dealer for the Regulation S offering.

The unrated series 304 notes will be issued under the bank’s $22.5 billion medium-term note program.

The commercial bank’s headquarters are in Doha, Qatar.

Issuer:QNB Finance Ltd.
Guarantor:Qatar National Bank QPSC
Issue:Senior notes, series 304
Amount:A$50 million
Maturity:Dec. 4, 2035
Dealer:HSBC Bank plc
Coupon:2.85%
Price:Par
Yield:2.85%
Pricing date:Nov. 26
Settlement date:Dec. 4
Distribution:Regulation S

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