Middle East Economic Survey


No 48



QP Issues RFP To Banks For Bond Issue

Qatar Petroleum (QP) has issued a request for proposal (RFP) to banks for a bond issue of some $500mn-$1bn, MEES understands. QP had made preliminary preparations to tap the bond market (MEES, 31 October) and banks were due to reply to the RFP last week. While QP has not yet specified what the proceeds are to be used for, bankers said that a bond would increase the funding options for the...