Ooredoo Q.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’ periodic payment on 3 Jun 2016.
Below is the announcement in full:
U.S. $1,250,000,000 @ 3.039% per cent. Guaranteed Notes due 3 Dec 2018
(ISIN – XS0999501538)
Issued by Ooredoo Tamweel Limited (the "Issuer")
The Issuer a wholly owned subsidiary of Ooredoo Q.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. $18,993,750.00 on the Periodic Payment Date falling due on 3 Jun 2016.
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.
Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named “Most Innovative Company of the Year – MEA Region” at the 2015 International Business Awards.
The company reported revenues of USD 8.8 billion in 2015 and had a consolidated global customer base of 117 million customers as of 31 December 2015. Ooredoo’s shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.