Qatar National Bank, the Gulf country’s biggest bank by assets, may raise about a $1bn from a bond sale as it seeks longer-term money to fund growth.
The state-controlled lender said Aug 29 it set up a $7.5bn euro medium-term note program and hired Barclays, HSBC Holdings and QNB Capital to manage the sale. The money raised would be used for “normal operations,” it said……………………………………….Full Article: Source