The government of Qatar has mandated banks for a $5 billion sovereign bond, a source familiar with the matter told Reuters.
Bank of America Merrill Lynch, Barclays and HSBC were among nine banks arranging the issue, the source said.
The issue included two tranches; one with a five year tenor and the other spanning 10 years, the source added.
Qatar has already borrowed $5.5 billion through a bank loan concluded in January.
Debevoise & Plimpton LLP won the Insurance Law Firm of the Year award at the ALB Hong Kong Law Awards 2024, apart from being the sponsor of the Insurance In-House Team of the Year award. Edwin Northover, Asia-based corporate partner and head of the firm’s financial institutions and corporate practices in Asia, talks about the firm's recent achievements, trends in the insurance industry, and future outlook for insurance law in Hong Kong.
U.S. law firm Kramer Levin Naftalis & Frankel and global legal giant Herbert Smith Freehills are planning to merge to create a firm with more than 2,700 lawyers, according to a joint statement on Monday.
Japanese boutique Tokyo International Law Office (TKI) is set to establish its first overseas outpost with the opening of a Singapore office in January 2025, marking a significant milestone in the rapidly expanding firm's global strategy.