Ooredoo announces date to pay principal and profits to Sukuk holders

02 December 2018 . Global

Ooredoo Q.P.S.C. announces that Ooredoo Tamweel Limited (OTL), its wholly owned subsidiary, pursuant to the Terms and Conditions of the Notes and the Final Terms, will pay its Sukuk holders’ the Principal and final Periodic Payment on 3 December 2018.

Below is the announcement in full:

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U.S. $1,250,000,000 @ 3.039% per cent. Guaranteed Notes due 3 Dec 2018

(ISIN – XS0999501538)

(the "Notes")

Issued by Ooredoo Tamweel Limited (the "Issuer")

The Issuer a wholly owned subsidiary of Ooredoo Q.P.S.C hereby gives notice that pursuant to the Terms and Conditions of the Notes and the Final Terms, it will pay Note holders U.S. $1,250,000,000.00 towards principal and U.S. $18,993,750.00 towards periodic payment on the final Periodic Payment Date falling due on 3 December 2018.

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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 Ooredoo Tamweel Limited.

-Ends-

About Ooredoo

Ooredoo is an international communications company operating across the Middle East, North Africa and Southeast Asia.  Serving consumers and businesses in 10 countries, Ooredoo delivers the leading data experience through a broad range of content and services via its advanced, data-centric mobile and fixed networks.

 

Ooredoo generated revenues of QAR 33 billion as of 31 December 2017. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.

 

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