UPDATE 1-Qatar selling benchmark dollar bonds-term sheet

(Updates with details, background)

HONG KONG, Nov 16 (Reuters) - Qatar is selling benchmark dollar-denominated bonds in three tranches, according to a term sheet obtained by Reuters on Monday, as the country looks to raise funds for investments, including into its state-owned entities.

The country is selling the debt with 5-year, 10-year, and 30-year maturities, according to the term sheet, which also said the timing was set for this week.

Each tranche was described as "benchmark"-sized, which is typically at least $500 million, making the deal possibly worth at least $1.5 billion.

Qatar will use the funds raised to provide support for "entities that are owned or controlled by the state," according to the term sheet.

Other uses for the funding include "various" infrastructure investments in Qatar, "to fund the continued growth of Qatar's hydrocarbon sector" as well as "potential" investments in the global oil and gas industry, the term sheet said.

Qatar, the world's top natural gas exporter, had raised $3 billion in a bond sale this spring. The country is rated "Aa2" by Moody's Investors Service and "AA-minus" by Standard & Poor's.

Barclays (BARC.L), Credit Suisse (CSGN.VX), Goldman Sachs (GS.N), JPMorgan (JPM.N) and Qatar National Bank QNBK.QA are lead managers for the sale, the term sheet said. (Reporting by Rafael Nam; Editing by Jonathan Hopfner)