A $1 billion project bond from a Gulf borrower is likely to be issued in the next six months, an HSBC executive said on Sunday, adding Qatar's Barzan gas project was a "likely candidate" for the sale.
Jonathan Robinson, HSBC's regional head of project finance, said the project bond would be in the hydrocarbons or power and utilities sector.
However, he declined to say whether banks had been mandated for the deal, which would support the $10 billion joint venture between Qatar Petroleum and ExxonMobil .
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