and Community Development to construct, test and commission the Qatar Foundation Headquarters Building and Strategic Studies Centre in Education City, Doha.
In 2012, the Bank acted as facility arranger on a project for the Carillion & Qatar Building Company Joint Venture. The mandate involved arranging a facility package for the project, which was awarded by Musheireb Properties a wholly-owned subsidiary of the Qatar Foundation for Education, Science and Community Development - and includes the development of an initial phase of the Musheireb Heart of Doha Growth Project, an extensive mixed-use urban development.
The Bank also acted as arranger, joint book runner and lead manager on a five-year bond offering for the Commercial Bank of Qatar, cementing its strong position in the debt capital markets for Qatar s financial institutions. The issuer s credit quality and exceptional investor appetite resulted in favourable pricing and a heavily oversubscribed order book, supplying the Commercial Bank of Qatar with the funding needed to support its growth plans.
In 2013, the Bank s extensive cash management experience also helped it win a com- prehensive cash management and contract financing mandate from a Japanese and Taiwanese joint venture for the expansion of the Laffan Refinery in Qatar. The deal was yet another validation of the Bank s strategy of bridging the Middle East and Asia.
Also in 2013, the Bank once again delivered its expertise in debt capital markets and ratings advisory by acting as joint book runner and lead manager on an inaugural bond issuance for Qatar s Al Khalij Commercial Bank.
BNP Paribas acted in the same year as arranger on a financing facility for consortium Six Construct Qatar WLL FLSmidth Wadgassen GmbH, related to a port expansion project awarded by the Qatar Primary Materials Company that will support the construction industry in the run-up to the country s hosting of the 2022 FIFA World Cup. BNP Paribas MEA and BNP Paribas Denmark combined forces to deliver a single contract financing facility to the unincorporated consortium, highlighting the Bank s expertise in arranging and structuring financing facilities across multiple regions.
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