Ooredoo to pay $21m 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 31 January 2017, according to a bourse filing.

Ooredoo’s unit will pay $11.25 million on 31 January 2017 for holders of bonds worth $500 million at an interest of 4.5% and due on 31 January 2043.

The subsidiary will also pay $9.69 million on the same date for holders of bonds worth $500 million at the interest of 3.875% and due on 31 January 2028. 

Ooredoo’s stock fell 0.30% to QAR 106 by 9:45am Qatar time, generating QAR 553,000 from the exchange of 5,220 shares.

Mubasher Contribution Time: 12-Jan-2017 07:29 (GMT)
Mubasher Last Update Time: 12-Jan-2017 07:29 (GMT)