Qatari owned natural gas supplier, Qatar Petroleum (QP), is planning a debut public bond issuance with the largest bond sale of the region by the end of June, as per Reuters sources. The company appointed BofA Securities, Citi, Goldman Sachs, HSBC, JPMorgan and MUFG as deal leaders of the issuance with more banks expected to take part in the expected jumbo bond issue. The sources added that the deal could be up to $10bn. QP announced plans to expand its operating capacity significantly in the near future, however, no further comments were released in that respect. In the past, As per Nasdaq, QP has issued bonds in the past via private placements, which included issues in dollars and Japanese yen. Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have also raised funds through mega deals this year to tide over the after affects of the pandemic.

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