Qatar: Qtel is close to securing a $1bn loan facility that will help to finance its general business operations, Reuters has reported, citing banking sources. The four-year deal is in the documentation stage and will be signed once all lenders have completed this process, three sources said. Everyone likes Qtel as a business, one of the sources said, adding: "And they weren't trying to raise too much cash either, so the deal proved to be very popular." [AMEInfo.com]
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