Qatar's Commercial Bank PSQC
The notes carry a 5.00% coupon and were issued at a spread of 212.5 basis points above midswaps. The final reoffer yield was 5.22% per year.
The bank said the bonds were 2x oversubscribed, attracting an order book of about $1 billion from investors mostly from the Middle East and Asia.
The issuance was arranged by a syndicate of joint lead managers comprising Standard Chartered Bank, Wells Fargo Securities, Barclays Bank PLC, QNB Capital LLC, Al Khaliji Commercial Bank and Merrill Lynch International as global coordinator.
