13 January 2014
DOHA: Allen & Overy has advised The Commercial Bank of Qatar Q.S.C. on its recent QAR2bn Additional Tier 1 Capital Instruments issue to support the future growth of the Group. The Instruments were privately placed in the State of Qatar.
This transaction sets the standards and benchmark for future additional tier 1 issues in the State of Qatar and the region under Basel III.
The Allen & Overy team based in Doha was led by managing partner Samer Eido, with support from senior associate Anthony Traboulsi and associate Zara Shirazi. The Doha team was assisted by members of the Dubai team, led by counsel Bilal Ahmad and associate Murtaza Virani.
Samer Eido commented: "This is the first Additional Tier 1 Capital issue in the State of Qatar and the first in the Middle East under the Basel III regulations. It was an exciting and challenging pathfinder deal and we are very pleased that CBQ turned to us to advise them on this strategic transaction."
For further information on the above, please contact Jane King at jane.king@allenovery.com or on +971 (0)4 426 7138.
www.allenovery.com
DOHA: Allen & Overy has advised The Commercial Bank of Qatar Q.S.C. on its recent QAR2bn Additional Tier 1 Capital Instruments issue to support the future growth of the Group. The Instruments were privately placed in the State of Qatar.
This transaction sets the standards and benchmark for future additional tier 1 issues in the State of Qatar and the region under Basel III.
The Allen & Overy team based in Doha was led by managing partner Samer Eido, with support from senior associate Anthony Traboulsi and associate Zara Shirazi. The Doha team was assisted by members of the Dubai team, led by counsel Bilal Ahmad and associate Murtaza Virani.
Samer Eido commented: "This is the first Additional Tier 1 Capital issue in the State of Qatar and the first in the Middle East under the Basel III regulations. It was an exciting and challenging pathfinder deal and we are very pleased that CBQ turned to us to advise them on this strategic transaction."
For further information on the above, please contact Jane King at jane.king@allenovery.com or on +971 (0)4 426 7138.
www.allenovery.com
© Press Release 2014
