LPC-Qatar seeks up to US$10bn syndicated loan-bankers

November 9, 2015 1:48 PM

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LONDONQatar is in talks with banks for a syndicated loan of up to US$10bn as it looks to become the latest Gulf state to try to shore up funds depleted by low oil prices, bankers said on Monday.

The Sultanate of Oman is also expected to launch a US$1bn loan into general syndication within the next couple of days, bankers said. Citibank, Natixis and Gulf International Bank are coordinating the deal, which has been fully underwritten.

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