Ooredoo to pay $33m interest to bondholders

Mubasher: Ooredoo on Sunday announced that its wholly-owned subsidiary, Ooredoo International Finance Limited (OIFL), will pay its global medium-term note (GMTN) holders’ interest on 10 December and 24 December.

OIFL will pay an interest of $33 million to bondholders, according to the telecom company’s statement to the Qatar Stock Exchange (QSE).

On Monday, 10 December, the dual-listed firm on both the QSE and the Abu Dhabi Securities (ADX) will pay $23.6 million and $9.38 million on 24 December.

By 10:57 am Qatar time, Ooredoo’s stock rose 0.67% at QAR 82.14%.

Mubasher Contribution Time: 09-Dec-2018 08:55 (GMT)
Mubasher Last Update Time: 09-Dec-2018 09:16 (GMT)