Ahli Bank $500 million 3.625% EMTN issue

Overview:

• Ahli Bank, through SPV ABQ Finance, has undertaken a $500 million EMTN issue.
• The 3.625% notes are due in 2021 and were issued on the Irish Stock Exchange.
• The notes were issued under Ahli Bank's $1.5 billion EMTN programme.
• Barclays, HSBC and QNB Capital acted as joint lead managers and bookrunners.
• Arab Banking Corporation, First Gulf Bank, ING Bank and Mizuho International acted as co-lead managers.

Sam Duke - Editor