USD 1.8 billion Senior Unsecured Term Loan Facility

Posted on : Thu, 09 Aug 2012

Qatar National Bank S.A.Q. (“QNB”) is pleased to announce that it has successfully closed syndication of its USD 1.8 billion three year senior unsecured term loan facility (the “Facility”). The syndication was well supported and closed oversubscribed, allowing the Facility to be upsized from the launch amount of USD 1.5 billion.
The new loan Facility will be used for general corporate purposes. The interest rate is Libor plus 1.00% per annum.

The Bank of Tokyo-Mitsubishi UFJ, Ltd., Deutsche Bank A.G., HSBC, J.P. Morgan Limited, and Standard Chartered Bank were mandated as Initial Mandated Lead Arrangers and Bookrunners.

The Bank of Tokyo-Mitsubishi UFJ, Ltd. is acting as Facility Agent.