VOL. XLIII

No. 44

30-OCTOBER-2000

QATAR

QGPC Sets A Structured Finance Precedent And A Model For Gulf Transactions

In less than 12 months, Qatar General Petroleum Corporation (QGPC) raised nearly $2bn in structured finance for its natural gas liquids (NGL) projects at competitive pricing and despite difficult market externalities stemming from the tail end of the Asian crisis, a period of low oil prices and Russian default. Of this total, $400mn was raised in the capital market in the form of...