Qatar Petroleum eyes JBIC market
London - Arabstoday
Qatar Petroleum is believed to be the next emerging markets borrower considering tapping the JBIC-guaranteed Samurai market, according to a source. Rumours have been rife for some time that a Middle East quasi-sovereign is eyeing the yen market at levels tighter than the record-low pricing set by Turkey on March 8, a story that IFR reported after bankers said they had responded to an RFP for such a deal. Qatar Petroleum’s RFP implies that the issuer must have negotiated the small print and the fine details with JBIC.
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