Qatar Telecommunications plans to raise USD 2bn syndicated loan.

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Qatar Telecommunications plans to raise USD 2bn syndicated loan.

Qatar Telecommunications plans to raise USD 2bn syndicated loan. Qatar Telecommunications Co (Q-tel) announced that it plans to raise a loan worth USD 2bn. Q-tel further said that it has appointed Barclays, Development Bank of Singapore, Gulf International Bank, Qatar National Bank and Royal Bank of Scotland as lead arrangers for a three-year revolving loan. Qatari daily The Peninsula reported that Barclays would act as the book runner.

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