QATAR

 

Qatar To Issue Sovereign Sukuk

Qatar is issuing a sovereign sukuk and was gearing up to embark on a roadshow to offer the paper to investors on 9 July. The issue follows Bahrain’s $1.5bn conventional sovereign bond, which came in oversubscribed on 27 June (MEES, 2 July). Moody’s Investors Service has assigned an Aa2 rating to the Qatar sukuk (stable outlook), with the high rating suggesting that the issuer will secure attractive pricing....