Tuesday 25 September 2018

Qatar's Al Khalij Commercial Bank hires banks before dollar bond issue | Reuters

Qatar's Al Khalij Commercial Bank hires banks before dollar bond issue | Reuters:

Qatar’s Al Khalij Commercial Bank mandated Barclays, QNB Capital, Standard Chartered and Qatar’s Commercial Bank to arrange fixed income investor meetings in Asia and Europe, a document issued by one of the banks leading the deal said. 


The document seen by Reuters said the Qatari lender, rated A3 by Moody’s and A by Fitch, would start meeting investors on Sept. 27, before a potential U.S. dollar-denominated benchmark bond issue. Benchmark deals are generally meant to be upwards of $500 million.

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