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Latest Update: Wednesday4/11/2009November, 2009, 12:56 AM Doha Time
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Bank eyes US buyers for bond

Commercialbank of Qatar will gauge US investors’ appetite for a potential bond issue at a roadshow today. “We are going on a roadshow, starting (on Wednesday) in the US followed by Asia, Dubai and Abu Dhabi on Sunday,” finance director Nicholas Coleman said. Investors have shown strong appetite for recent Qatar government entity bond sales.

 In July, a joint venture between Qatar Petroleum and Exxon Mobil Corporation sold about $2.3bn in bonds to finance the expansion of LNG facilities.

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