Doha: Qatar National Bank (QNB) Group, announced the successful completion of a Formosa bond issuance under its Euro Medium Term Note (EMTN) programme and listed on the Taipei Stock Exchange. QNB said in a statement, carried on the Qatar Stock Exchange website, that under this programme, a USD 1.0 billion tranche was issued with a maturity of 5 years. The issuance was part of QNB Group's strategy to diversify funding from new markets. The Reg S issue attracted strong interest from Taiwanese investors and was jointly arranged by HSBC and Standard Chartered Bank, with Barclays Bank as Structuring Agent. This success confirms the trust of international investors in QNB Group's strategy and the strength of its financial position. Source: Qatar News Agency
Related Posts
Bahrain All Share Index closes at 1,976.88 points
Bahrain All Share Index has closed at 1,976.88 points marking a decrease of 9.01 points below the previous closing .This decrease was due to the fall in the Communications Services Sector, Consumer Discretionary Sector and Financials Sector.Bahrain lsl…
Qatar Process Safety Symposium 2023 Discusses Best Industrial Practices in Risk Management
Qatargas, Texas A&M University at Qatar, and ConocoPhillips Qatar Ltd. (ConocoPhillips), hosted last week the 13th edition of Qatar Process Safety Symposium (QPSS) which embodies the nation’s commitment to process safety as a core value in safeguardin…
Libya, Russia sign cooperation agreement
Tripoli, Mohamed Al Raid, the Head of the Libyan General Union of Chambers of Commerce, signed with Vladimir Badalko, the Deputy Head of the Chamber of Commerce and Industry of Russia, a cooperation agreement in the economic sector.
The agreement, wh…