Mubasher: Ooredoo on Tuesday has announced that it will pay the interest for its Global Medium Term Note (GMTN) holders on 11 and 22 June 2018.

Ooredoo, the dual-listed company on both the Qatar Stock Exchange (QSE) and the Abu Dhabi Securities Exchange (ADX), noted that its fully-owned subsidiary Ooredoo International Finance Limited (OIFL) will pay an interest of $33.01 million to the bondholders, according to a filing to the QSE.

On 11 June, the international telecommunications firm will pay $23.63 million in interest to its bondholders for the guaranteed notes of $600 million, with an interest of 7.87%.

In the same vein, the company will pay $9.38 million for the $500 million guaranteed notes on 22 June, according to the statement.