Emirates Telecommunications Corporation (Etisalat) has completed the listing of its $7 billion Global Medium Term Note (GMTN) Programme on the Irish Stock Exchange (ISE), according to Emirates 24/7.

Under the programme, Etisalat can issue one or more series of conventional bonds in any currency and amount up to $ 7 billion, a company press release said.

The listed bond programme is being rated by three credit rating agencies with the following ratings: Moody’s Aa3 (outlook – stable); Standard and Poor’s AA- (outlook – negative/watch); and Fitch A+ (outlook – stable).