Mobilink to issue Rs 3b 7-year bond on Wednesday

Tuesday, May 30, 2006 KARACHI: Mobilink, Pakistan's leading private cellphone service provider in terms of market share, plans to issue a Rs three billion bond to expand and upgrade its network, an official associated with the transaction said on Monday. Mobilink, a unit of Egypt's Orascom Telecom Holding, plans to issue the seven-year bond on Wednesday with a green shoe option of Rs 500 million, said Salman Jafri, chief fixed-income dealer at Jahangir Siddiqui Capital Markets, one of the three lead managers and advisers for the transaction.......... For more details: http://www.dailytimes.com.pk/default.asp?page=2006%5c05%5c30%5cstory_30-5-2006_pg5_9