Hedge Funds & Alternative Investments
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QNB Turkey tightens price on its $500mln 5-year Eurobond
QNB AS, the Turkish subsidiary of Qatar National Bank, has raised $500 million for its no-grow five-year Regulation S, senior unsecured Eurobond, which saw the price tightened to 5.875% from IPTs in the 6.5% area. The bond was launched with a 6% yield and a 99.461 reoffer price. The orderbook…
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