Articles tagged with: Orascom Telecom Holding and Itu

Pakistan Mobile Debt Buyback Plans Trigger Default Warning

The debt ratings agency, Standard & Poor's Ratings Services has warned that it considers Pakistan Mobile to be at risk of defaulting on a debt repayment. The mobile operator, owned by Orascom Telecom Holding recently announced plans to repurchase for cash up to US$100 million of its $250 million bonds due 2013, at a 23%-30% discount to face value.  more

Related Tags: , tim, orascom-telecom, pakistan-mobile, mobilink, debt-ratings, orascom, Pakistan