Qatar Petroleum hires international banks to arrange a four tranche U.S. bond sale
Qatar Petroleum hired a group of banks to arrange a four-tranche U.S. dollar-denominated bond sale reported Reuters on Monday.
These bonds will comprise of five, 10 and 20-year conventional bonds, as well a 30-year Formosa portion.
QP hired Citi and JPMorgan along, with Bank of America (BofA) Securities, Deutsche Bank, Goldman Sachs, HSBC, MUFG, QNB Capital and Credit Suisse, said the news agency.
Reuters reported last month that QP hired banks for the planned debt sale, which sources have said could raise up to $10 billion.
QP is fully owned by the Qatari government, said it will increase its liquefied natural gas (LNG) capacity in the coming years.
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