Arab Today, arab today doha bank eyes 5yr dollar bond
Last Updated : GMT 13:34:54
Arab Today, arab today
Arab Today, arab today

Doha Bank eyes 5-yr dollar bond

Arab Today, arab today

Arab Today, arab today Doha Bank eyes 5-yr dollar bond

Doha - Arabstoday

Qatar\'s Doha Bank plans to issue a five-year dollar-denominated bond on Wednesday, three sources familiar with the matter said. Early price guidance on the bond was seen at 287.5 basis points over midswaps, the sources said. Morgan Stanley and JP Morgan are mandated lead arrangers on the transaction. Roadshows concluded in Switzerland on Tuesday. There was no indication of the size of the issue, likely to be determined by demand. Doha Bank will the second Qatari lender to tap global debt markets this year after Qatar National Bank issued a US$1bn bond in February.

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