All News
All Companies
English
All News /
Corporate News
QNB Group Announces the Successful Closing of Its Usd 2 Billion Inaugural Asian Unsecured Syndicated Term Loan Facility
2025-04-14

QNB Group Announces the Successful Closing of Its Usd 2 Billion Inaugural Asian Unsecured Syndicated Term Loan Facility

Doha, 14 April 2025 - QNB Group, the largest financial institution in the Middle East and Africa, 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.
Source: QSE