Ooredoo International Finance, a wholly owned subsidiary of Ooredoo, has mandated Australia and New Zealand Banking Group, Citigroup Global Markets, DBS Bank, HSBC Bank, Merrill Lynch International, Mitsubishi UFJ Securities International, Mizuho Securities USA and QNB Capital to act as joint lead managers and bookrunners for the proposed dollar-denominated Rule 144A/Reg S notes offering under its $5bn GMTN plan.
“The notes will be unconditionally and irrevocably guaranteed by Ooredoo and an offering of the notes is expected to be launched, subject to market conditions, following investor roadshows commencing today in the US, Asia, Middle East and Europe,” the telecom major said in a statement on Thursday.
Ooredoo is rated ‘A2’ by Moody's, ‘A-‘ by S&P and ‘A+’ by Fitch. The size of the bond issuance under the programme will be determined following the investor roadshows.
“Application has been made to the Irish Stock Exchange for the notes issued under the programme to be admitted to the official list and for trading on its regulated market,” Ooredoo said.
“The notes will be unconditionally and irrevocably guaranteed by Ooredoo and an offering of the notes is expected to be launched, subject to market conditions, following investor roadshows commencing today in the US, Asia, Middle East and Europe,” the telecom major said in a statement on Thursday.
Ooredoo is rated ‘A2’ by Moody's, ‘A-‘ by S&P and ‘A+’ by Fitch. The size of the bond issuance under the programme will be determined following the investor roadshows.
“Application has been made to the Irish Stock Exchange for the notes issued under the programme to be admitted to the official list and for trading on its regulated market,” Ooredoo said.
