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Qatar Telecom talks $1.5 billion five-, 10-year bonds at Treasuries plus 425 bps, Treasuries plus 445 bps
By Aaron Hochman-Zimmerman
New York, June 1 - Qatar Telecom announced talk for its planned offering of $1.5 billion of five- and 10-year bonds (A1/A-/A+), according to a market source.
The five year bonds are expected in the area of Treasuries plus 425 basis points, while the 10-year bonds were talked in the Treasuries plus 445 bps area.
Barclays, BNP Paribas, Deutsche Bank, JPMorgan and RBS will act as bookrunners for the Rule 144A and Regulation S deal.
Qatar Telecom is a Doha, Qatar-based telecommunications firm.
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