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Ooredoo’s OIFL to pay $21m to GMTN holders

Ooredoo’s OIFL to pay $21m to GMTN holders
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Doha-Mubasher: Ooredoo International Finance Limited (OIFL), a wholly owned subsidiary of Ooredoo, will pay around $21 million to its global medium term note (GMTN) holders on 1 February 2016, according to a filing to Qatar Stock Exchange (QSE).

OIFL, listed in Qatar Stock Exchange (QSE) and Abu Dhabi Securities Exchange (ADX), will pay $11.25 million for holders of bonds worth $500 million (matured in January 2043) at an interest of 4.5% on 1 February 2016.

Ooredoo’s subsidiary will also pay $9.68 million for holders of bonds worth $500 million (matured in 31 January 2028) at the interest of 3.87% on the above mentioned date.