BR100 Increased By (0.84%)
BR30 Increased By (0.71%)
KSE100 Increased By (0.69%)
KSE30 Increased By (0.71%)
AGHA 7.78 Increased By ▲ 0.03 (0.39%)
BECO 5.21 Increased By ▲ 0.02 (0.39%)
BML 57.60 Decreased By ▼ -1.06 (-1.81%)
BOP 34.28 Increased By ▲ 0.59 (1.75%)
CNERGY 10.83 Increased By ▲ 0.22 (2.07%)
CSIL 5.48 Increased By ▲ 0.18 (3.4%)
FCCL 54.35 Increased By ▲ 0.61 (1.14%)
FFL 16.66 Increased By ▲ 0.20 (1.22%)
FNEL 1.23 Increased By ▲ 0.01 (0.82%)
KEL 7.39 Increased By ▲ 0.11 (1.51%)
KOSM 5.79 Increased By ▲ 0.15 (2.66%)
LOTCHEM 29.83 Increased By ▲ 0.18 (0.61%)
MLCF 95.50 Decreased By ▼ -0.86 (-0.89%)
NBP 204.50 Increased By ▲ 0.97 (0.48%)
NCPL 57.60 Increased By ▲ 0.75 (1.32%)
NPL 69.25 Increased By ▲ 1.94 (2.88%)
OGDC 318.25 Increased By ▲ 0.03 (0.01%)
PACE 10.83 Increased By ▲ 0.20 (1.88%)
PAEL 42.96 Increased By ▲ 1.19 (2.85%)
PIBTL 16.90 Increased By ▲ 0.09 (0.54%)
PPL 221.25 Increased By ▲ 1.08 (0.49%)
PRL 52.14 Increased By ▲ 3.09 (6.3%)
PTC 71.30 Increased By ▲ 1.29 (1.84%)
SSGC 29.32 Increased By ▲ 0.18 (0.62%)
TBL 9.89 Increased By ▲ 0.12 (1.23%)
TELE 8.90 Increased By ▲ 0.08 (0.91%)
TPL 17.76 Increased By ▲ 0.59 (3.44%)
TPLP 12.93 Increased By ▲ 0.42 (3.36%)
TREET 22.83 Increased By ▲ 0.24 (1.06%)
TRG 59.95 Decreased By ▼ -0.27 (-0.45%)
Business & Finance

Qatar Petroleum hires banks for June jumbo bond sale

  • The sale is expected to take place by the end of June, the sources told Reuters, as the Gulf's hydrocarbons giants seek to raise cash in the face of low energy prices and Qatar Petroleum plans to expand capacity.
  • Qatar Petroleum, one of the world's biggest suppliers of liquefied natural gas (LNG), has hired BofA Securities, Citi, Goldman Sachs, HSBC, JPMorgan and MUFG to lead the deal, the sources said.
Published Updated
By

DUBAI: Qatar Petroleum has hired a group of international banks to arrange a multibillion-dollar sale of bonds on international debt markets, said two sources close to the matter.

The sale is expected to take place by the end of June, the sources told Reuters, as the Gulf's hydrocarbons giants seek to raise cash in the face of low energy prices and Qatar Petroleum plans to expand capacity.

Qatar Petroleum, one of the world's biggest suppliers of liquefied natural gas (LNG), has hired BofA Securities, Citi, Goldman Sachs, HSBC, JPMorgan and MUFG to lead the deal, the sources said.

Qatar Petroleum did not immediately respond to a request for comment.

The banks either declined to comment or did not immediately respond to requests for comment.

Comments

Comments are closed for this article.