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Articles tagged with: Pakistan Mobile and Mobilink
Pakistan Mobile Buys Back Debt - Risks Ratings Downgrade
Egypt's Orascom Telecom Holding (OTH) says that its wholly owned Pakistan subsidiary, Pakistan Mobile Communications (PMCL) had brought back US$140 million of its debt at the rate of US$730 per US$1,000. more
Related Tags: orascom-telecom, standard-and-poors, orascom-telecom-holding, debt-ratings, orascom, Pakistan
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: , itu, tim, orascom-telecom, orascom-telecom-holding, debt-ratings, orascom, Pakistan
Orascom Telecom Debt Ratings Lowered on Weaker Growth in Pakistan, Bangladesh
Standard & Poor's Ratings Services has lowered its long-term corporate credit ratings on Orascom Telecom Holdings and Orascom Telecom Finance to 'B' from 'B+' following weaker growth expectations from its Pakistan- and Bangladesh-based operations. more
Related Tags: edge, orascom-telecom, weather, orascom, Pakistan