USD3bn Qatar Telecom (Qtel) Q.S.C. Global Medium Term Note Programme
DUBAI, February 11, 2013 - BNY Mellon, the global leader in investment management and investment services, has been appointed principal paying agent, registrar, exchange agent, and paying & transfer agent for Qtel International Finance Limited's (QIFL) new USD3bn Global Medium Term Note (GMTN) Programme unconditionally and irrevocably guaranteed by Qatar Telecom (Qtel).
"Following the initial 10-year USD1 billion senior unsecured drawdown under the programme back in December 2012, Qtel has subsequently issued two more notes, including 30-year USD500 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 has been providing trust and agency services for the participants of the debt capital markets for over 100 years, we are looking forward to servicing Qtel bond issues for many years to come."
BNY Mellon was also appointed in 2009 Principal Paying Agent and Issuing Agent for Qtel International
Finance Limited's USD5bn GMTN Programme unconditionally and irrevocably guaranteed by Qtel.
- ends -
Notes to editors:
Qtel is a telecommunications service provider licensed by the Supreme Council of Information and Communication Technology (ictQATAR) to provide both fixed and mobile telecommunications services in the state of Qatar. With a presence in 17 countries and committed to expansion both in the MENA region and South East Asia, Qtel's vision is to be among the top 20 telecommunications companies in the world by 2020. It operates a portfolio of brands including Qtel, Indosat, Asiacell, Wataniya, Nawras, Nedjma and Tunisiana.
BNY Mellon has been conducting business in the Middle East and Africa for nearly 100 years. The company was granted a branch licence in 2008 by the Dubai Financial Services Authority (DFSA). The Dubai office acts as a regional management and line of business hub supporting representative offices in Abu Dhabi, Beirut, Cairo, Istanbul & Johannesburg. BNY Mellon works with a wide range of financial institutions, governments and other clients throughout the region, offering issuer services and correspondent banking services, as well as custody and asset management services.