#Qatar National Bank raising 2 billion euro loan - LPC | Reuters

Qatar National Bank raising 2 billion euro loan - LPC | Reuters:

Qatar National Bank (QNB) , the largest bank by assets in the Middle East and Africa, is raising a 2 billion euro ($2.29 billion) syndicated loan, according to LPC, a fixed income news service that is part of Refinitiv.

The loan would replace a 2.25 billion euro-denominated loan obtained in May 2016 which matures in May, sources familiar with the matter told Reuters in September.

Banca IMI, Credit Agricole, Societe Generale and UniCredit are the mandated lead arrangers and bookrunners of the new facility. Industrial and Commercial Bank of China and ING are also participating with senior roles before the deal is syndicated to other banks.