Ooredoo unit to pay $9.37m to GMTN holders

Doha – Mubasher: Ooredoo International Finance Limited, a wholly owned subsidiary of Ooredoo, will make interest payments to its Global Medium Term Note (GMTN) holders late December, according to a filing to Qatar Stock Exchange (QSE).

Ooredoo’s subsidiary will pay $9.375 million on 22 December 2016 for holders of bonds worth $500 million at an interest of 3.75% and due on 22 June 2026.

The telecom operator’s stock rose 1.23% to QAR, generating QAR 36.25 million from the exchange of QAR 36.25 million.

Mubasher Contribution Time: 11-Dec-2016 12:52 (GMT)
Mubasher Last Update Time: 11-Dec-2016 12:53 (GMT)