Sources Say HSBC to Be Top Advisor for Qatar Port Loan -Reuters

Date : 06/21/2019 @ 2:52AM
Source : Dow Jones News
Stock : Hsbc Holdings Plc (HSBA)
Quote : 607.4  9.4 (1.57%) @ 11:35PM
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Sources Say HSBC to Be Top Advisor for Qatar Port Loan -Reuters

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--HSBC will coordinate a $500 million loan for a state-controlled port operator in Qatar, Reuters reports Thursday, citing "sources familiar with the matter."

--This represents the first time HSBC will take a top adviser role in Qatar since that nation's diplomatic dispute with its neighbors in 2017, the report said.

--HSBC declined to comment, the report said.

 

Full story: https://www.reuters.com/article/us-hsbc-hldg-qatar-exclusive/exclusive-hsbc-gets-top-adviser-role-in-qatar-for-first-time-since-gulf-row-sources-idUSKCN1TL1LU

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

June 20, 2019 14:37 ET (18:37 GMT)

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