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Ooredoo Tamweel Limited
Cayman Islands

This is a Subsidiary, click here for the Parent Company

Business Summary
Ooredoo Tamweel Limited ("OTL") is a wholly owned subsidiary of Ooredoo Q.S.C. ("Ooredoo"), which is an international telecommunications service provider with activities in 15 markets across the Middle East, North Africa and Asian regions. OTL has established a Sukuk issuance programme pursuant to which Ooredoo will issue the securities through OTL. However, payment obligations of Ooredoo under the various documents rank at least pari passu with all other unsecured and unsubordinated obligations of Ooredoo. At maturity or upon a dissolution event, Ooredoo is required, by means of the purchase undertaking, to fully repay -- including any unpaid and accrued periodic distribution amount -- the aggregate face value of the certificates/Sukuk.

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Saturday, April 6, 2024