Ooredoo hires banks for dollar bond

Qatari telecoms company Ooredoo has mandated banks for a forthcoming US dollar bond, according to sources.
The Doha-based firm has picked a number of banks including ANZ, Bank of America Merrill Lynch, Citigroup and HSBC, the sources said.
Ooredoo is seeking to raise $750 million-$1 billion through the transaction, said two sources. The transaction will come after Qatar’s deal. The sovereign began a roadshow ahead of a potential US dollar offering today.


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