Qtel to close and increase to $2bn

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Qtel to close and increase to $2bn

Arrangers are set to close the books on Qatar Telecom’s forward start on Friday, after the deal proved to be a runaway success in general syndication despite a five month delay in coming to market. The borrower has raised over $3bn in commitments, but will be taking no more than its $2bn target, allowing for hefty scalebacks.

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