Qatar's Ooredoo International Financial Corporation has set October 8, 2021, as the date for paying $13.13 million in interest to its bondholders in the global medium-term debt program.
Ooredoo clarified in a statement to the Qatar Stock Exchange that these interests pertain to its bonds amounting to one billion riyals, with an interest rate of 2.62%, which are guaranteed bonds and are due on April 8, 2023. .
Ooredoo had incurred losses of the remaining 1.15 billion riyals in the second quarter of this year; Pressure from allocations related to the Myanmar market.
The company recorded losses of 956.19 million riyals in the first half of this year, compared to a profit of 818.46 million riyals in the same period of the previous year.
