14.12.2012 - Strong demand likely to prompt Qtel to rethink $1bln bond cap
Strong global demand for Qatar Telecom’s imminent 10-year bond offering could prompt the company to reconsider its decision to cap the issue at $1bn, especially if interest from the United States is robust. Investors are expected to pile into the issue, viewing it as virtually a sovereign issue priced at a small premium to Qatar government bonds and as a rare chance to invest in a corporate bond in the cash-rich state, the world’s top liquefied natural gas exporter. Qatar issued a $4bn Islamic bond, or sukuk, earlier this year in a two-tranche deal which attracted orders of over $25bn in total...............................................Full Article: Source
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