Commercial Bank to hold investor meetings ahead of potential bond issue
May 30 2016 10:43 PM

Commercial Bank of Qatar has mandated Citi, HSBC, Morgan Stanley and National Bank of Abu Dhabi to arrange investor meetings ahead of a potential benchmark dollar bond issue, the Doha-listed lender said yesterday, Reuters reported. The meetings will be held in Asia, the Middle East and Europe from May 30, Commercial Bank said in a bourse statement. This may lead it to issue a benchmark dollar bond as part of its $5bn Euro Medium Term Note (EMTN) programme, it said. Benchmark-sized typically means a bond of at least $500mn.

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