QNB Group announced today the successful completion of a five year bond issuance under its Medium Term Note (MTN) programme and listed on the London Stock Exchange. Under this Programme, a USD 1.0 billion tranche was issued on 5 May 2020.The issuance was part of QNB Group’s ongoing strategy to ensure diversification of funding in terms of type, tenor and geography.
 
The Reg S issue attracted strong interest from investors globally and was arranged by Barclays Bank PLC, Credit Agricole CIB, ING, Mizuho, QNB Capital LLC and Standard Chartered Bank (together “Joint Lead Managers”). This success confirms the trust of international investors in QNB Group’s strategy and the strength of its financial position.