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Qatar Telecom (ORDS)

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Monday 16 May, 2011

Qatar Telecom

Qtel announces date to pay interest to bondholders

RNS Number : 6671G
Qatar Telecom (Q-Tel) Q.S.C.
16 May 2011
 



 

Qatar Telecom (Qtel) Q.S.C.

Qtel announces date to pay interest to Bondholders

 

16 May 2011

 

Qatar Telecom (Qtel) QSC announces that Qtel International Finance Limited (QIFL), its wholly owned subsidiary, pursuant to the Terms and Conditions of the Notes and the Final Terms, will pay its Global Medium Term Note (GMTN) holders Interest Payment  on 10 June 2011.

 

Below is the announcement in full:

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U.S.$ 900,000,000 6.50 per cent. Guaranteed Notes due 2014

(ISIN Code: 144 A- US74733LAA08, Reg S - XS0432791498)

(the "Notes")

Issued by QTEL International Finance Limited

(the "Issuer")

The Issuer hereby gives notice that pursuant to the Terms and Conditions of the Notes and the Final Terms, it will pay Noteholders U.S.$ 29,250,000 on the Interest Payment Date falling on 10 June 2011.

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U.S.$ 600,000,000 7.875 per cent. Guaranteed Notes due 2019

(ISIN Code: 144 A- US74733LAB80, Reg S - XS0432791571)


(the "Notes")

Issued by QTEL International Finance Limited

(the "Issuer")

The Issuer hereby gives notice that pursuant to the Terms and Conditions of the Notes and the Final Terms, it will pay Noteholders U.S.$ 23,625,000 on the Interest Payment Date falling on 10 June 2011.

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Terms defined in this Notice shall have the meaning given to them in the Terms and conditions of the Notes and the Final Terms.

 

This Notice is given by QTEL International Finance Limited.

 

About Qtel

 

Qatar Telecom (Qtel) provides a full range of telecommunications services in Qatar and across its presence in 17 countries. Our vision is to be among the top 20 telecommunications companies in the world by 2020 through expansion in both the MENA region and South East Asia.

 

Qatar Telecom (Qtel) Q.S.C. cautions investors that certain statements contained in this document state management's intentions, hopes, beliefs, expectations, or predictions of the future are forward-looking statements. Management wishes to caution the reader that forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties including, but not limited to: Our ability to manage domestic and international growth and maintain a high level of customer service; Future sales growth; Market acceptance of our product and service offerings; Our ability to secure adequate financing or equity capital to fund our operations; Network expansion; Performance of our network and equipment; Our ability to enter into strategic alliances or transactions; Cooperation of incumbent local exchange carriers in provisioning lines and interconnecting our equipment; Regulatory approval processes; Changes in technology; Price competition; Other market conditions and associated risks.

The company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information, or otherwise.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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