Etisalat completes listing of $7 billion Global Medium Term Note (GMTN) Programme on Irish Stock Exchange | Etisalat completes listing of $7 billion Global Medium Term Note (GMTN) Programme on Irish Stock Exchange -
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Etisalat completes listing of $7 billion Global Medium Term Note (GMTN) Programme on Irish Stock Exchange

: Thursday, May 22 - 2014 @ 15:34

Emirates Telecommunications Corporation (“Etisalat”), the leading telecoms operator in the Middle East, Asia and Africa, has successfully completed the listing of its USD 7 billion Global Medium Term Note (GMTN) Programme on the Irish Stock Exchange (ISE).

Under the programme, Etisalat can issue one or more series of conventional bonds in any currency and amount up to USD 7 billion.

The listed bond programme is being rated by three Credit Ratings Agencies with the following ratings: Moody’s Aa3 (outlook – stable); Standard and Poor’s AA- (outlook – negative/watch); and Fitch A+ (outlook – stable).

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Thursday, May 22- 2014 @ 15:34 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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