QNB mandates potential multi-tranche Kangaroo
- Tuesday, 23 January 2018
On 23 January, Qatar National Bank (QNB) (A/Aa3/A+) revealed plans for a multi-tranche Kangaroo deal. QNB is considering a five-year tranche in either or both of fixed- and floating-rate formats and a 10-year fixed-rate tranche. Initial price guidance is in the area of 180 basis points and 215 basis points over swap benchmarks respectively.
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