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Qatar Is Said to Plan Raising at Least $9 Billion From Bond Sale

  • Gas-rich Gulf country aims to match May 2016 debt offering
  • Qatar’s issuance would follow sales by Abu Dhabi, Saudi Arabia
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Qatar is considering raising at least $9 billion from international bond markets as the gas-rich nation boycotted by its neighbors seeks to replenish state coffers, people familiar with the matter said.

Government officials are in talks with banks to decide on the best time for a possible sale, the people said, declining to be identified because the talks are private. The bond is likely to be in line with or more than Qatar’s last issuance of $9 billion in 2016, they said.