QNB raises $3.5bn syndicated loan

AdobeStock_QNB_575x375_16Sept2020
By Mariam Meskin
18 Nov 2020

Qatar National Bank, by assets the largest bank in the Middle East and North Africa, has raised a dual tranche $3.5bn syndicated loan, one of the largest emerging market loans signed this year.

The $3.5bn five year senior unsecured term loan facility was provided by 34 international lenders. 

Sources confirmed that the loan includes a $2bn three year tranche and a $1.5bn five year tranche. 

The loan was fully underwritten by Bank of America, Barclays, HSBC, Maybank, Mizuho, MUFG, Standard Chartered, SMBC and United Overseas ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial