Thursday 22 March 2018

Qatar Meets Investors Ahead of Potential Bond Sale - Bloomberg

Qatar Meets Investors Ahead of Potential Bond Sale - Bloomberg:

"Qatar met fixed-income investors in Asia to test their appetite for a potential bond sale in the next few weeks, according to people familiar with the matter. Government officials from the gas-rich state held a non-deal roadshow in Singapore on Wednesday, one of the people said, asking not to be identified because the matter is private. They also met investors in Doha this week to discuss the possibility of a sale, another person said. A sale would be the country’s first international fundraising since a diplomatic spat with its neighbors started in June. Qatar had planned to tap the debt market in the first quarter for about $9 billion to finance its budget deficit, people familiar with the matter said in January. The country has $1 billion bond maturing in 2019, according to data compiled by Bloomberg."



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