Ooredoo's unit to pay $18.75 million interest to bondholders

02/10/2017 07:42 AST

Ooredoo said on Sunday its unit Ooredoo International Finance Limited will pay its Global Medium Term Note (GMTN) holders' interest payment on October 19.
It will pay noteholders $18.75 million on the interest payment date. The GMTN was valued at $750 million with a coupon rate of 5 per cent, the company said in a statement.

Ooredoo served 138 million customers and generated revenues of QR33 billion as of December 2016. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.


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