LONDON Nov 15 State-owned operator Qatar
Telecom (Qtel) has sent out requests for proposals
(RFPs) to banks for a syndicated loan of up to $1 billion,
bankers said on Thursday.
The loan will be used for general corporate purposes,
including refinancing, the bankers said.
The request is for a financing with three, four and five
year maturities and includes conventional and Islamic Murabaha
financing options, the bankers said.
Qtel was not immediately available for comment.
Qtel last tapped the loan market in May 2010 for a $2
billion syndicated loan via arranging banks BNP Paribas, DBS,
Qatar National Bank, Societe Generale and Royal Bank of
Scotland. That loan was split between a $1.25 billion,
three-year facility and a $750 million, five-year facility.
(Reporting by Michelle Meineke, writing by Alasdair Reilly;
Editing by Elaine Hardcastle)