Tuesday, 12 December 2017

LPC-International banks support QNB's US$3bn refi loan-sources

LPC-International banks support QNB's US$3bn refi loan-sources:

"International banks are supporting the refinancing of a US$3bn loan for Qatar National Bank with nine Asian, US and European banks underwriting the deal, bankers said.

Bank of America Merrill Lynch, Barclays, Deutsche Bank, MUFG, SMBC, Mizuho Bank, United Overseas Bank, Banca Intesa Sanpaolo and Standard Chartered are underwriting the new US$3bn loan, the bankers said.

HSBC and JP Morgan are not underwriters but have lead roles on the deal, two of the bankers said, and the loan is expected to be syndicated to more banks."



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