Thursday 12 April 2018

UPDATE 1-Qatar attracts hefty demand for comeback international bond

UPDATE 1-Qatar attracts hefty demand for comeback international bond:

"Qatar, which is marketing a triple-tranche U.S. dollar-denominated bond, has received orders in excess of $32.5 billion for the planned debt sale, a sign of hefty demand for its comeback to the international debt markets since a rift with its Gulf neighbours started last year.

Qatar plans to price later on Thursday bonds with maturities of five, 10 and 30 years.

The issuance is a test of Qatar’s ability to access international markets after Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic and transport ties with the country in June last year, accusing it of supporting terrorism. Doha denies the charges."



'via Blog this'

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