Bloomberg News

Nawras to Refinance 66 Million-Rial Debt This Month, CFO Says

November 02, 2011

Nov. 2 (Bloomberg) -- Omani Qatari Telecommunications Co., known as Nawras, plans to refinance a 66 million-rial debt facility this month, Chief Financial Officer Jorgen Latte said.

The Muscat-based company plans to spend 40 to 45 million rials this year, he told a conference call today.

To contact the reporter on this story: Ayesha Daya in Dubai at adaya1@bloomberg.net

To contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net


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