Qatar Telecom QSC hired six banks to help organize meetings with credit investors next month ahead of a planned dollar bond sale, according to an e-mailed statement from the company.
The meetings will run Oct. 4 to Oct. 6, with three teams covering Singapore, Hong Kong, Los Angeles, New York, Boston, Dubai and London, a person familiar with the matter said, asking not to be identified as he isn’t authorized to discuss the details.
A revival of investor confidence in the region has sparked a wave of sales this month, helping to push Gulf issuance to more than $9 billion in the third quarter, the most since the $16 billion raised in the final three months of 2009, according to data compiled by Bloomberg.
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