Reuters exclusively reported that HSBC has been hired by Qatari state-controlled port operator QTerminals to coordinate a planned $500 million loan, the bank’s first mandate as top adviser for a deal in Qatar since a row erupted between Doha and its neighbors. London-listed HSBC, along with other banks, was caught up in Qatar’s dispute with Saudi Arabia, United Arab Emirates, Bahrain and Egypt, which in 2017 cut diplomatic and transport ties with Qatar, accusing it of financing terrorism, a charge Doha denies.
Reuters exclusively reports HSBC gets top adviser role in Qatar for first time since Gulf row
20 June 2019, 12:00 am 1 minute
Type: Reuters Best
Regions: Europe / Middle East / Africa