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Qatar's Ooredoo sells US$1.25b of sukuk

It's the largest USD sukuk issued by any telco, says DBS

OOREDOO, formerly known as Qtel, has sold its inaugural US$1.25 billion sukuk, the first Islamic bond corporate deal from Qatar. "We've priced a US$1.25 billion bond issue for Ooredoo Tamweel Ltd, which is its inaugural sukuk issue," said DBS Bank yesterday. The deal is the largest USD sukuk

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