Qtel close to securing $1bn loan
- Qatar: Wednesday, January 23 - 2013 at 05:28
Qtel is close to securing a $1bn loan facility that will help to finance its general business operations, Reuters has reported, citing banking sources. The four-year deal is in the documentation stage and will be signed once all lenders have completed this process, three sources said. Everyone likes Qtel as a business, one of the sources said, adding: "And they weren't trying to raise too much cash either, so the deal proved to be very popular."
- Dell to start shipping Ophelia thumb PC next July
- Arabtec workers stage strike in Abu Dhabi, Dubai
- Abu Dhabi's population grows by 1 person every...
- Kuwait confirms new swine flu case
- Dallas/Fort Worth International Airport to be...
- Dubai World Central announces construction of...
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.