Qtel International Finance Limited is a wholly-owned subsidiary of Qtel.
The expected rating of the GMTN is in line with Qtel's Issuer Default Rating and senior unsecured rating of 'A+'.
The final rating is contingent on the receipt of final documentations conforming to information already received.
The obligations of Qtel under its guarantee in respect of the notes will be direct, unconditional and unsecured obligations of Qtel and will rank equally with all other unsecured obligations of Qtel.
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Fitch assigns Qtel International Finance's $5bn GMTN programme expected 'A+' rating
- Qatar: Wednesday, May 27 - 2009 at 15:30
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Fitch Ratings has today assigned Qtel International Finance Limited's $5bn global medium term note programme (GMTN), guaranteed by Doha-based Qatar Telecom (Qtel) Q.S.C.(Qtel; 'A+'/Stable Outlook)), an expected senior unsecured rating of 'A+'.
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Posted by Rana MesbahWednesday, May 27 - 2009 at 15:30 UAE local time (GMT+4)
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Tel: +90 212 279 1065
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Tel: +44 20 7417 6343
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Tel: + 44 (0)20 7417 4364
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