Debt Investors

DOHA BANK Q.P.S.C. ANNOUNCES SUCCESFUL BOND ISSUANCE OF US$ 500 MILLION UNDER ITS MEDIUM-TERM NOTE PROGRAMME

Doha Bank announces the successfully issued international USD bond transaction. Doha Bank closed the pricing of the 5-year transaction of USD 500 million, with a coupon rate of 5.25% per annum on the London Stock Exchange on 05 March 2024.

The bank’s last issuance was a 2-year transaction of CHF175 million on January 13, 2022; which matured earlier this year 2024.

The Reg S transaction, under the Bank’s Euro Medium Term Note Programme, was met with exceptional demand from international and regional investors. The success of this transaction demonstrates the positive investor reception of strategic changes being implemented by the Bank. The debt capital markets is an integral part of Doha Bank’s funding strategy as the bank will continue to further diversify and target new sources of liquidity to strengthen the bank’s credit profile.

Allocation was made to high quality global investors, comprising of Asset Managers 25%, Banks (including Private Banks) 57%, Insurance companies 12%, Other 6%.

The issue was arranged and offered through a syndicate of Joint Lead Managers and Bookrunners that included Barclays, Emirates NBD Capital, HSBC, J.P. Morgan, Mizuho, QNB Capital and Standard Chartered Bank.

ISIN: XS2776001880
Settlement date: 12.03.2024
Maturity date: 12.03.2029

Disclaimer

Before you invest, you should read the base prospectus dated 22 February 2024 (the “Base Prospectus”) for more complete information about the Issuer, the Guarantor and this offering.

An electronic version of the base prospectus that you are seeking to access (the “Base Prospectus”) is being made available on this webpage by Doha Bank Q.P.S.C. (the “Bank”) solely for the purposes of complying with the rules published by the Financial Conduct Authority of the United Kingdom. Please note that this disclaimer may be altered or updated and so you should ensure that you read it in full each time you visit this webpage and before reading, accessing or making any other use of the attached documents. In accessing the Base Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information as a result of such access.

THIS BASE PROSPECTUS IS NOT INTENDED TO CONSTITUTE AN OFFER, SALE OR DELIVERY OF SECURITIES UNDER THE LAWS OF THE STATE OF QATAR. ANY NOTES TO BE ISSUED PURSUANT TO THE BASE PROSPECTUS (THE “NOTES”) HAVE NOT BEEN AND WILL NOT BE LISTED ON THE QATAR EXCHANGE OR REGISTERED WITH THE QATAR FINANCIAL MARKETS AUTHORITY, THE QATAR CENTRAL BANK OR WITH ANY OTHER AUTHORITY PURSUANT TO ANY LAWS, REGULATIONS AND RULES IN THE STATE OF QATAR. THE NOTES AND INTERESTS THEREIN WILL NOT AND ARE NOT INTENDED TO BE, OFFERED OR SOLD TO THE PUBLIC IN THE STATE OF QATAR.

NOTHING IN THIS ELECTRONIC TRANSMISSION AND THE BASE PROSPECTUS CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OF AMERICA (WITH ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA, COLLECTIVELY, THE “U.S.”) OR ANY OTHER JURISDICTION. THE SECURITIES DESCRIBED IN THE OFFERING CIRCULAR HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF THE U.S. OR ANY OTHER U.S. JURISDICTION AND SUCH SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE U.S. OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S (“REGULATION S”) UNDER THE SECURITIES ACT) EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS.

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