Qatar asks banks for proposals on first dollar bond issue since diplomatic crisis: sources

Qatar asks banks for proposals on first dollar bond issue since diplomatic crisis: sources:

"Qatar has sent out a request for proposals to banks to arrange an international bond issue, which would be Qatar’s first appearance in the international debt markets since the beginning of a diplomatic crisis in the Gulf last year. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Doha on June 5 last year, accusing it of supporting terrorism. Doha vehemently denies the charges. The government of Qatar issued its last international bond in 2016, raising $9 billion through the debt sale. There is no clarity on the size of the upcoming, potential bond sale, but banking sources say Qatar will likely raise a similar amount."



'via Blog this'