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Monday, 23 November 2009 05:41 UAE time

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Qatar to meet global investors

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 25 March 2009
EUROBOND LAUNCH: Qatar to set roadshow in motion. (Getty Images)
EUROBOND LAUNCH: Qatar to set roadshow in motion. (Getty Images)

Qatar is to begin a global roadshow on Friday to meet investors ahead of the launch of a dollar-denominated benchmark Eurobond, a fund manager source said on Wednesday.

The deal, which comes amid investor meetings for a benchmark global bond by fellow emirate Abu Dhabi this week, is being arranged by Barclays, BNP Paribas and Goldman Sachs.

Investor meetings for the Qatar deal will begin in London this week before moving to the US next week.

Both the Abu Dhabi and Qatar deals could have 10-year maturities, said the fund manager.

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"Their debt levels should easily allow them to come into that 10-year space," he said. (Reuters)

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