Qatar's Commercial Bank starts selling 5-year bonds, document says

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The initial price guidance for the debt offering has been set at around 150 basis points over U.S. Treasuries

Mohammad Edrees, Reuters News

March 26, 2024

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Qatar-based Commercial Bank has started marketing its planned 5-year bonds, an arranging bank document revealed on Tuesday.

The initial price guidance for the debt offering has been set at around 150 basis points over U.S. Treasuries, the document, which was seen by Reuters, showed.

The Qatari lender is planning to sell benchmark-sized, U.S. dollar denominated senior unsecured bonds, which is expected to be priced later in the day, the document added.

(Reporting by Mohammad Edrees; Editing by Muralikumar Anantharaman)

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