Mubasher: Ooredoo on Thursday announced that its wholly-owned subsidiary Ooredoo International Finance Limited will pay interest of $40 million to its Global Medium Term Note (GMTN) bondholders on 16 February 2018.
The Qatar-based company is dually-listed on the Qatar Stock Exchange (QSE) and the Abu Dhabi Securities Exchange (ADX).
Ooredoo International will repay $23.75 million to holders of $1 billion bonds with a 4.75% interest, maturing on16 February 2018, according to a statement to the QSE.
Moreover, the subsidiary of the telecommunications provider will also repay $16.25 million to holders of $1 billion bonds with 3.25% interest, whose maturity is on 21 February 2023.
