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Qatar Reinsurance sets initial price guidance for $450 mln perpetual bond

Qatar Reinsurance Co, a subsidiary of Qatar Insurance Co, has released initial price guidance in the 5.5 percent area for a planned $450 million perpetual bond, a document issued by one of the lead banks showed on Monday. The subordinated Tier 2 non-call 5.5-year debt offer is guaranteed by QIC,…

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