BNY Mellon has been appointed principal paying agent, registrar, exchange agent, and paying & transfer agent for Qtel International Finance Limiteds (QIFL) new $3bn Global Medium Term Note (GMTN) Programme guaranteed by Qatar Telecom (Qtel).
Following the initial 10-year $1 billion senior unsecured drawdown under the programme back in December 2012, Qtel has subsequently issued two more notes, including 30-year $500 million notes, and therefore marking a significant milestone for corporate debt issuers in Qatar, said Giambattista Atzeni, vice-president and senior relationship manager for MENA & Turkey, Corporate Trust at BNY Mellon.
BNY Mellon was also appointed in 2009 Principal Paying Agent and Issuing Agent for Qtel International Finance Limiteds $5bn GMTN Programme guaranteed by Qtel.
(JDC)