Friday 9 July 2010

Qataris to raise $3.5bn bond


A Qatari real estate company is seeking to raise a $3.5bn bond in the latest sign of the gas-rich emirate’s willingness to tap international markets.

Qatari Diar, the property arm of the emirate’s sovereign wealth fund, is expected to launch a roadshow in London as early as Friday.

The bond has received explicit government guarantees.

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