Qatar Gas Transport Company Limited “Nakilat” intends to obtain a syndicated loan worth $1 billion. The company joins a series of Middle Eastern borrowers turning to Asian banks, according to an informed source. Bloomberg reported that Mizuho Bank is the mandated lead arranger and sole bookrunner for the 5-year loan deal. The deal includes a green shoe option allowing an increase of $330 million later, with expected marketing in the broader market at an interest margin of 82 basis points over the benchmark rate. The loan proceeds will be used for company purposes.

Nakilat announced a net profit of 859.63 million Qatari riyals in the first half of the current year, compared to 829.15 million riyals for the same period in 2024, and the board decided to distribute interim cash dividends to shareholders.