Emirates Telecommunications Corporation (ETISALAT) is pleased to announce that it will establish a Global Medium Term Note (GMTN) and a Sukuk Programme in the near future.
Both Programmes will provide Etisalat with the flexibility to issue conventional and/or Islamic securities within the international debt capital markets across multiple tenors and currencies when needed. The size of the GMTN Programme is US$7 billion of issuance and the Sukuk Programme is USD$1 billion of issuance……………………………………….Full Press Release: Source