DUBAI - Qatar National Bank (QNB) gave an initial price guidance of around 160 basis points over mid-swaps for its dollar-denominated benchmark five-year green bonds, according to a document from one of the banks arranging the deal.
The lender's first green issuance is expected to close later on Tuesday.
QNB hired Barclays, ING, Credit Agricole CAGR.PA , HSBC, QNB Capital and Standard Chartered to arrange the deal.
(Reporting by Yousef Saba; Editing by Jacqueline Wong) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))
