(MENAFN) Qatari telecommunications firm Ooredoo could reach banks with a USD1 billion loan to refinance existing debt, according to Arabian Business
The Qatari firm expects some of the 15 banks to respond to its requests this week
Banking source said that once the request approved, the deal will have a five-year maturity
Ooredoo has already borrowed USD1 billion in April 2013, four-year facility that was signed with 14 international lenders
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