FILE PHOTO: The logo of Qatar Petroleum is seen at its headquartes in Doha, Qatar, July 8, 2017. Picture taken July 8, 2017. REUTERS/Stringer/File Photo
June 28, 2021
DUBAI (Reuters) – Qatar Petroleum hired a group of banks to arrange a four-tranche U.S. dollar-denominated bond sale, comprising five, 10 and 20-year conventional bonds, as well a 30-year Formosa portion, a document showed on Monday.
QP, one of the world’s top liquefied natural gas (LNG) suppliers, hired Citi and JPMorgan. They, along with BofA Securities, Deutsche Bank, Goldman Sachs, HSBC, MUFG, QNB Capital and Credit Suisse, will arrange investor calls starting on Monday.
Reuters reported last month that QP hired banks for the planned debt sale, which sources have said could raise up to $10 billion.
(Reporting by Yousef Saba; Editing by Kim Coghill)
This article originally appeared on www.oann.com