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QNB Bank Completes Repayment of $20 Million Overseas Bond
QNB Bank says the bond’s principal and single coupon were paid at maturity on October 13, completing the reported redemption.
Key takeaways
- QNB Bank reported redeeming a $20 million USD bond issued overseas.
- The company marked both the principal and coupon payment as completed on October 13, 2026.
QNB Bank reported that it repaid a $20 million overseas bond at maturity on October 13, 2026. The KAP disclosure marks both the principal payment and the bond’s single coupon payment as completed.
The fixed-rate bond was denominated in US dollars and issued in England, with its term starting on March 25, 2025. Repayment means the bank paid the bondholders, rather than making a payment to shareholders.
Topics
QNBTRFIN
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
