Qatar's Commercial Bank starts selling 5-year bonds, document says

The Commercial Bank (P.S.Q.C.)

26/03/2024 06:33

March 26 (Reuters) - Qatar-based Commercial Bank
 COMB.QA  has started marketing its planned 5-year bonds, an
arranging bank document revealed on Tuesday.
    The initial price guidance for the debt offering has been
set at around 150 basis points over U.S. Treasuries, the
document, which was seen by Reuters, showed.
    The Qatari lender is planning to sell benchmark-sized, U.S.
dollar denominated senior unsecured bonds, which is expected to
be priced later in the day, the document added.

 (Reporting by Mohammad Edrees; Editing by Muralikumar
Anantharaman)
 ((Mohammad.Edrees@thomsonreuters.com;))