Singapore’s incumbent telco Singtel has priced a S$150m (US$120m) fixed-rate bond due September 2021.
The notes will be guaranteed by the parent group and issued through its Singtel Group Treasury unit on 3 March.
Oversea-Chinese Banking Corporation…
Singapore’s incumbent telco Singtel has priced a S$150m (US$120m) fixed-rate bond due September 2021.
The notes will be guaranteed by the parent group and issued through its Singtel Group Treasury unit on 3 March.
Oversea-Chinese Banking Corporation acted as sole manager for this issue, which is part of the S$10bn EMTN programme the telco secured in 2010 with HSBC and Morgan Stanley as dealers.
“This issue is part of the long-term financing strategy and extends the debt maturity profile of Singtel and its subsidiaries,” Singtel said in a stock exchange filing today.
The company declined to disclose further financial details.
