Qatar Exchange | Qatar National Bank | QNB Group announces the successful closing of its USD 2 billion inaugural Asian unsecured syndicated term loan facility

 QNB Group, announced the successful closing of a USD 2 billion unsecured syndicated term loan facility, focused on Asian investors.QNB Group Chief Executive Officer, Mr. Abdulla Mubarak Al-Khalifa, commented:“This facility has attracted strong interest from major Asian banks, enabling us to further diversify our investor base. The issuance was oversubscribed at competitive all-in pricing, which, despite challenging global market conditions, reaffirms our reputation as a high-quality issuer. We view this transaction as a testament to our successful strategy of strengthening our presence as a leading bank in MEASEA while fostering meaningful, long-term relationships.”The USD 2 billion facility with a maturity of 5 years is the largest ever Asian pure play syndication by a bank from the GCC & has achieved tightest pricing.This successful transaction involved a largely new investor base and underlines QNB’s strong credentials and is a part of QNB’ strategy to further broaden its relationships worldwide.Mizuho was the sole Coordinator, Mandated Lead Arranger & Bookrunner.