Monday 23 April 2018

Al Khaliji names banks for likely debut bond

Dubai, October 1, 2013

Qatar's Al Khaliji Commercial Bank has picked four banks to arrange meetings with fixed income investors ahead of a potential debut bond issue, a document from lead managers said on Tuesday.

The lender, Qatar's sixth-largest by market value, hired BNP Paribas, HSBC, the investment banking arm of Qatar National Bank and Standard Chartered to run the roadshows, which will begin on October 3, the document said.

A dollar-denominated bond issue will follow the meetings, subject to market conditions, it added. Should a deal print, it will be the maiden international bond issue from the bank. – Reuters

Tags: Qatar | Al Khaliji Commercial Bank | bond issue |

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