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Business / Qatar Business

Ooredoo set to pay bondholders interest on October 10

Published: 26 Sep 2023 - 08:18 am | Last Updated: 26 Sep 2023 - 08:18 am

QNA

Doha, Qatar: Ooredoo, a Qatari public shareholding company, set Tuesday, October 10, 2023, as the date to pay $13,125,000.00 for its Global Medium Term Note (GMTN) holders’ interest payment.

The company said in a statement posted yesterday on the website of the Qatar Stock Exchange, that the issuer, which is Ooredoo International Finance Limited (OIFL), a wholly-owned subsidiary, will pay noteholders on the Interest Payment Date as mentioned above. Ooredoo indicated that these bonds are worth $1bn at an interest rate of 2.625%, and Guaranteed Notes due on April 8, 2031.