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FINANCIAL NEWS
Ooredoo plans for sukuk issuance
21 Nov 2013
(MENAFN) Qatari telecommunications company Ooredoo said that it plans to issue debt Islamic bond, or sukuk, Arabian Business reported.
The telecommunications operator has hired several banks as joint lead managers for the benchmark-size issue. No specifications of the size of the offering were given.
Ooredoo has only 21 percent of its shares listed, as the remaining 79 percent are owned by the Qatari government.
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