DUBAI, May 31 (Reuters) - Qatar Petroleum has hired a group
of international banks to arrange a multibillion-dollar sale of
bonds on international debt markets, said two sources close to
the matter.
The sale is expected to take place by the end of June, the
sources told Reuters, as the Gulf's hydrocarbons giants seek to
raise cash in the face of low energy prices and Qatar Petroleum
plans to expand capacity.
Qatar Petroleum, one of the world's biggest suppliers of
liquefied natural gas (LNG), has hired BofA Securities,
Citi, Goldman Sachs, HSBC, JPMorgan
and MUFG to lead the deal, the sources said.
Qatar Petroleum did not immediately respond to a request for
comment.
The banks either declined to comment or did not immediately
respond to requests for comment.
(Reporting by Yousef Saba and Davide Barbuscia
Editing by David Goodman)