QTel completes $1bn refi

03 Apr 2013

Qatar Telecom (QTel) has signed a new four year $1bn revolver credit line, after completing the self-arranged syndication.

The A2/A/A+ rated borrower is thought to have paid a margin well below 100bp for its new club deal, which has been provided by a syndicate of 14 banks.

Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, Barclays, Citi, DBS Bank, Deutsche Bank, HSBC, JP Morgan, Mizuho, Morgan ...

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