Qatar Weighs Refinancing $10 Billion Debt Due Next Year - Bloomberg
Qatar’s government has approached international banks to explore refinancing more than $10 billion in debt that comes due next year, according to three people familiar with the matter.
Officials at the Ministry of Finance are in early talks with international banks for a potential syndicated loan or bond sale, the people said, asking not to be named because they’re not authorized to speak publicly.
No final decision has been made, the people said. The government may decide to refinance part of the debt or even shelve the plan since the country has financial flexibility, they said.
A spokesperson for Qatar’s Ministry of Finance said the government didn’t have immediate plans to refinance debt. The ministry “is always in talks with banks to assess market conditions for possible debt issuance as part of our normal liability and fiscal management exercise,” the spokesperson added.
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