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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Qatar’s joint venture eyes $2bln bonds

Posted on 10 July 2009

From Gulf-daily-news.com: A joint venture between Qatar Petroleum and ExxonMobil plans to sell up to $2.3 billion in bonds to finance the expansion of LNG facilities, said a spokesman for HSBC, one of the managers of the sale.

Ratings agencies Moody’s, S&P and Fitch on Wednesday gave ratings to the notes, which will help fund Qatar’s RasGas’s liquefied natural gas (LNG) trains 6 and 7 and outstanding loans. S&P assigned an A rating, Moody’s AA2 and Fitch A+……..Full Article: Source

 
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