Middle East Economic Survey
VOL. LIV
No 1-2
3/10-Jan-2011
QATAR
Doha Bank To Issue Bonds Worth $500Mn
Doha Bank, the third largest bank in Qatar, plans to issue $500mn in senior debt bonds through its fully-owned Bermuda-based subsidiary in the first quarter of 2011, it announced on 26 December. The Bermuda-based special purpose vehicle has been incorporated to support the banks capital raising activities. The bonds and other market instruments will be guaranteed by Doha Bank. The banks...
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