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Report: Qatar National Bank issues US$600M of Formosa bonds
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them
Street Talk Episode 66 - Community banks tap the debt markets while the getting is good
Qatar National Bank (QPSC) issued US$600 million 40-year Formosa bonds, Reuters reported, citing a bank spokesman and other sources.
Morgan Stanley acted as the sole arranger on the issuance, the report noted. The notes issuance is part of the lender's efforts to expand its funding sources.
Formosa bonds are those issued in Taiwan in currencies other than the Taiwan dollar.