New Issue-CBQ Finance sells $1.6 bln in two parts
Nov 11 (Reuters) - CBQ Finance Limited, a unit of The Commercial Bank of Qatar COMB.QA, late Tuesday sold $1.6 billion in two parts in the 144a private placement market, said IFR, a Thomson Reuters service.
Credit Suisse and Morgan Stanley were the joint bookrunning managers for the sale. BORROWER: CBQ FINANCE LIMITED FIRST TRANCHE: AMT $1 BLN COUPON 5.00 PCT MATURITY 11/18/2014 TYPE SR UNSC ISS PRICE 99.455 FIRST PAY 5/18/2010 MOODY'S A1 YIELD N/A SETTLEMENT 11/18/2009 S&P A-MINUS SPREAD 283 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE SECOND TRANCHE: AMT $600 MLN COUPON 7.50 PCT MATURITY 11/18/2019 TYPE LT2 SUB ISS PRICE 99.184 FIRST PAY 5/18/2010 MOODY'S A2 YIELD N/A SETTLEMENT 11/18/2009 S&P BBB-PLUS SPREAD 414 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE
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