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Ooredoo to pay $21m to bond holders in January.

DOHA: Telecom major Ooredoo on Thursday announced that its wholly-owned subsidiary Ooredoo International Finance Limited will pay interest of $20.9 million to its Global Term Medium Note (GMTN) bond holders on January 31, 2018.Ooredoo International will also repay $11.25 million to holders of $500 million bonds with a 4.5 percent interest due January 31, 2043, according to the company's statement posted on Qatar Stock Exchange (QSE) website. Moreover, Ooredoo subsidiary will repay $9.68 million to holders of $500 million bonds, which will mature on January 31, 2028, with 3.87 percent interest. (TNN)

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Publication:Qatar Tribune (Doha, Qatar)
Date:Dec 29, 2017
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