Qtel seeks $1bn loan
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Qtel seeks $1bn loan

Qtel seeks $1bn loan

Qtel is seeking proposals from banks for a syndicated loan of up to $1bn, Reuters has reported. The request is for a financing with three, four and five years maturities and includes conventional and Islamic murabaha financing options, according to bankers. The loan will be used for general corporate purposes, including refinancing, the bankers said.

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