Ooredoo to pay $40m to GMTN holders

Doha – Mubasher: Ooredoo International Finance Limited, a 100% subsidiary of Ooredoo, will make interest payments to its Global Medium Term Note (GMTN) holders on 16 and 21 February 2017, according to a bourse filing.

Ooredoo’s unit will pay $23.75 million on 16 February 2017 for holders of bonds worth $1 billion at an interest of 4.75% and due on 16 February 2021.

The subsidiary will also pay $16.25 million on 21 February for holders of bonds worth $1 billion at the interest of 3.25% and due on 21 February 2023. 

Ooredoo’s stock rose 0.18% to QAR 108.8 by 10:05am Qatar time, generating QAR 3.44 million from the exchange of 31,550 shares.

Mubasher Contribution Time: 29-Jan-2017 08:14 (GMT)
Mubasher Last Update Time: 29-Jan-2017 08:14 (GMT)