Qatar’s Commercial Bank sells $500mln in 5-year bonds – document

Qatar’s Commercial Bank sells $500mln in 5-year bonds – document

Qatar's Commercial Bank sells $500mln in 5-year bonds - document The lender began marketing the bonds    DUBAI- Qatar's Commercial Bank has sold $500 million in five-year bonds at 175 basis points over midswaps, a document showed.It began marketing the bonds at around 215 basis points over midswaps earlier on Tuesday, according to a document from one of the banks arranging the deal.Commercial Bank received over $2.3 billion in orders for the deal.ANZ, BofA Securities, Citi, Mizuho, Morgan Stanley, QNB Capital and Standard Chartered were hired to arrange the debt sale.(Reporting by Yousef Saba; Editing by David Evans and Jan Harvey) (([email protected]; +971562166204))Zawya CoveragetelecommunicationsDu approves sale of 26% stake in Khazna Data CentreagricultureKuwait's The Sultan Centre, UAE's Pure Harvest to build $35mln smart farmfintechMiddle East's fintech market poised for growth