By Marisa Wong
Los Angeles, Nov. 4 – QNB Finance Ltd. priced CHF 50 million of 0.28% fixed-rate senior notes due Nov. 9, 2026 guaranteed by Qatar National Bank QPSC at par, according to a notice.
The series 383 notes will be issued under the bank’s $22.5 billion medium-term note program and listed on the London Stock Exchange.
Deutsche Bank AG, London Branch 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.
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| Guarantor: | Qatar National Bank QPSC
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| Issue: | Senior notes, series 383
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| Amount: | CHF 50 million
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| Maturity: | Nov. 9, 2026
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| Dealer: | Deutsche Bank AG, London Branch
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| Coupon: | 0.28%
|
| Price: | Par
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| Yield: | 0.28%
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| Pricing date: | Nov. 5
|
| Issue date: | Nov. 9
|
| Distribution: | Regulation S
|
| Listing: | London
|
| ISIN: | XS2404223369
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