Business & Finance

Qatar National Bank mandates banks for Kangaroo bond

Published January 23, 2018 Updated January 23, 2018 07:42am

The issuer is considering maturities of five-year and 10 years respectively, according to a document by one of the banks leading the deal showed on Tuesday.

The deal comes a few days after QNB issued a $720 million, 30-year Formosa bond, in a further sign of the bank diversifying its funding sources since a regional diplomatic rift that started in June last year.

Copyright Reuters, 2018