Qatar Sets New Record With $12.5 Billion Bond Issuance ...Middle East

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Qatar Sets New Record With $12.5 Billion Bond Issuance
Qatar Petroleum has raised $12.5 billion in a four-tranche bond in the largest corporate issuance in the Middle East and the biggest debt sale in emerging markets this year. The state company of Qatar, one of the world’s top liquefied natural gas (LNG) exporters, said on Thursday it had placed five-, 10- and 20-year conventional tranches, and a dual-listed 30-year Formosa tranche. The Formosa bond is typically issued in Taiwan, but is denominated by a currency other than the Taiwan dollar. “This is the largest US dollar fixed rate oil…

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