Qatari Diar Real Estate Seeks to Raise $3.5 Billion in Bond Sale, FT Says
By Ben Livesey -
2010-07-08T23:20:30Z
Qatari Diar Real Estate Investment Co. plans to raise $3.5 billion in a bond sale, the Financial Times reported.
Qatari Diar, the property arm of Qatar’s sovereign wealth fund, is expected to launch a roadshow for the sale in London as early as tomorrow, the FT said.
Qatar Diar Finance, the unit issuing the bond, was rated Aa2 by Moody’s Investors Service, which also gave a provisional rating of Aa2 to the proposed bonds, the newspaper said.
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