Qatar Telecom QSC (QTEL), the country’s biggest company by revenue, is seeking a syndicated loan for about $1 billion to refinance existing debt, according to a person with direct knowledge of the deal.
Qtel, as the Doha-based company is known, has requested proposals from banks for loans maturing in three, four and five years, the person said, who asked not to be identified as the terms are private.
Officials from the company did not immediately respond to an e-mailed request for comment.
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