Financial and Banking News
LOANS And ISSUES
QNB, GIB Tipped to Lead $400mn QGPC Loan
Qatar National Bank (QNB) and Gulf International Bank (GIB) are among thebanks tipped to win the mandate to arrange a $400mn loan for the Qatar GeneralPetroleum Corporation (QGPC), according to MEES soundings. The proposed loan -the first to be raised by Qatar since QGPC's $100mn eight-year loan signed inMarch 1984 - is to finance the three-year first phase of the North Field...