Home Page Pioneers Holding Website Site Map عربي
       IMF hails progress in implementing Egyptian economic reform program       NBE, Banque Misr to sell stakes in New Ismailia Co       Release from Alexandria Flour Mills (AFMC.CA) Concerning the Semi-Annual Disclosure Form       Marseille Almasreia Alkhalegeya For Holding Investment (MAAL.CA) - Board of Directors Decisions (NILEX)       Bahrain got first funds from Gulf aid last year - c. bank governor       Saudi Arabia sells 7.095 bn riyals sukuk in monthly issue       Egypt postpones $6.6bn repayment to Saudi Arabia       World Bank affirms confidence in Egypts economic reform measures       NBE to increases SMEs portfolio to LE70bn in 2019       Egypt takes new steps to boost ties with Europe       European investments reach $15 bn in Egyptian market       8 investment entities get 159 feddans in Egypts new capital       Egypts Elsewedy to launch $112m projects in New Administrative Capital       Alexandria Flour Mills BoD okays 37.6% profit decline       UAEs Dana Gas plans $5bn investments in Egypt - CEO       Middle & West Delta ratifies profits of LE86 ending Dec 2018       AMOC reports profits LE278m ending Dec 2018       El Batal unveils launching two housing projects in New Cairo, 6th Oct. City       EFG Hermes Securitization The First Issue Tranche C Nov 2023 (EGHRSEC01C=CA) Declares Bond Dividends for Coupon No. (3)      
ACGC.CA  5.67    1.07%      AFDI.CA  12.02    1.52%      APSW.CA  2.71    1.88%      COMI.CA  73.35    0.87%      EFIC.CA  16.93    1.93%      EGTS.CA  1.55    2.65%      EHDR.CA  5.13    2.40%      EKHO.CA  0.80    -1.23%      ELEC.CA  0.89    3.49%      ELKA.CA  14.98    0.00%      EMOB.CA  128.73    1.83%      EPCO.CA  2.30    0.00%      ESRS.CA  19.59    0.98%      ETEL.CA  13.49    -0.37%      HRHO.CA  23.27    0.00%      IFAP.CA  2.38    2.15%      KABO.CA  1.49    0.68%      MNHD.CA  10.29    1.78%      MOIL.CA  0.28    3.70%      NCGC.CA  6.55    0.00%      OCDI.CA  19.54    0.41%      OCIC.CA  217.47    0.00%      ORTE.CA  4.42    1.38%      PHDC.CA  4.06    1.50%      PIOH.CA  8.47    0.59%      SPIN.CA  2.05    1.49%      SVCE.CA  5.49    2.23%      SWDY.CA  136.72    0.80%      TMGH.CA  10.22    1.89%      UEGC.CA  0.77    1.32%      
First Name
Last Name
E-Mail
E-Mail
Qatar National Bank raising 2 bn euro loan - LPC

Qatar National Bank (QNB) , the largest bank by assets in the Middle East and Africa, is raising a 2 billion euro ($2.29 billion) syndicated loan, according to LPC, a fixed income news service that is part of Refinitiv.
The loan would replace a 2.25 billion euro-denominated loan obtained in May 2016 which matures in May, sources familiar with the matter told Reuters in September.
Banca IMI, Credit Agricole, Societe Generale and UniCredit are the mandated lead arrangers and bookrunners of the new facility. Industrial and Commercial Bank of China and ING are also participating with senior roles before the deal is syndicated to other banks.
The three-year loan offers an interest margin of 90 basis points over Euribor, according to LPC.
QNB, which did not immediately respond to a request for comment, is 50 percent owned by Qatars sovereign wealth fund Qatar Investment Authority.
The bank is a regular borrower in the international syndicated loan market. Over the past three years it has raised over $7 billion in loans. Source: Reuters



Time Added: 2019-01-10 09:18:45
Source: arabfinance
  print
Send to a friend
Your Name
Your E-mail
Your Friend Name
Your Friend E-mail
Your Message
 
Share on Facebook

Related News
IMF hails progress in implementing Egyptian economic reform program
NBE, Banque Misr to sell stakes in New Ismailia Co
Release from Alexandria Flour Mills (AFMC.CA) Concerning the Semi-Annual Disclosure Form
Marseille Almasreia Alkhalegeya For Holding Investment (MAAL.CA) - Board of Directors Decisions (NILEX)
Bahrain got first funds from Gulf aid last year - c. bank governor
Saudi Arabia sells 7.095 bn riyals sukuk in monthly issue
Egypt postpones $6.6bn repayment to Saudi Arabia
World Bank affirms confidence in Egypts economic reform measures
NBE to increases SMEs portfolio to LE70bn in 2019