15.09.2011 - Qatar National Bank’s bond offering seeks longer-term money: Arab credit
Qatar National Bank SAQ, the Gulf country’s biggest bank by assets, may raise about a $1 billion from a bond sale as it seeks longer-term money to fund growth. The state-controlled lender said Aug. 29 it set up a $7.5 billion euro medium-term note program and hired Barclays Plc (BARC), HSBC Holdings Plc (HSBA) and QNB Capital to manage the sale. The money raised would be used for “normal operations,” it said..............................................Full Article: Source
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