Doha: Ooredoo Group (a Qatari public shareholding company) declared on Thursday that it will pay more than $509.37 million in principal and interest to bondholders of its Global Medium-Term Note (GMTN) programme on June 22.

According to Qatar News Agency, Ooredoo stated in a publication on Qatar Exchange's website that its wholly-owned subsidiary, Ooredoo International Finance Limited (OIFL), which is the bond-issuing entity wholly owned by Ooredoo, will disburse $509,375 million in principal and interest to bondholders on the final maturity date of June 22, 2026.

Ooredoo will pay the due interest next month at a rate of 3.75% on the secured bonds with a value of $500 million, due on June 22, 2026.