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Al Khalij Commercial Bank offers $500m Eurobond issue

Al Khalij Commercial Bank offers $500m Eurobond issue
The five-year international bonds are offered at 175 basis points
Al Khaliji
KCBK
-0.50% 2.20 -0.01

Mubasher: Al Khalij Commercial Bank (KCBK) is selling $500 million Eurobond issue.

The five-year international bonds are offered at 175 basis points over mid-swaps, Reuters reported, citing the Qatari lender.

The leading Islamic bank has appointed Barclays, QNB Capital, Standard Chartered Bank, and Qatar’s Commercial Bank to arrange the issue.

By the end of Tuesday’s session, KCBK’s stock rose 0.37% at QAR 10.97.