Feb. 14 (Bloomberg) -- Qatar National Bank SAQ, which is bidding to buy Dexia SA’s Turkish unit Denizbank AS, may raise as much as $1 billion from the sale of five-year bonds, five people familiar with the deal said.
Initial price guidance has been set at about 245 basis points above the benchmark midswap rate, said the people, declining to be identified because the details are private.
Barclays Capital, Citigroup Inc., HSBC Holdings Plc, Standard Chartered Plc and QNB Capital are arranging the transaction.
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