Doha Bank QPSC Announces The Successful Inaugural Transaction In The Swiss Market
Doha Bank QPSC announces the successful inaugural transaction in the Swiss market on 13.01.2022. Doha Bank closed the 2-year transaction of CHF175 million, with a coupon of 0.465%.
The bank’s last issuance was a global benchmark USD $500 million transaction on March 31, 2021. Management has indicated that the bank will continue to look for opportunities and return to the market in the near term.
This inaugural issuance is in line with the Bank’s longer term funding strategy and will be a useful source of diversification, towards attracting high quality investors as well as an arbitrage as we remain focus on our cost of funding.
The Joint Lead Managers were Credit Suisse and Deutsche Bank, while allocation was made to 42 high quality investors divided as follows: 90% asset managers, 6% private banks, 3% pension funds, 1% insurance companies.
Settlement date: 24.01.2022
Maturity date: 24.01.2024
Before you invest, you should read the base prospectus dated 27 November 2020 (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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