Australian telco Optus, a wholly-owned subsidiary of Singapore Telecommunications, has priced a A$75m (US$72.5m) seven-year fixed-rate notes issue.
Credit Agricole arranged the transaction.
The notes, which will be issued on 5 December 2011, are …
Australian telco Optus, a wholly-owned subsidiary of Singapore Telecommunications, has priced a A$75m (US$72.5m) seven-year fixed-rate notes issue.
Credit Agricole arranged the transaction.
The notes, which will be issued on 5 December 2011, are part of Optus’ €2bn (US$2.6bn) medium-term note programme.
In a filing to the Australian Securities Exchange, the company said: “The issue forms part of Optus’ long-term financing strategy. The note issue extends the maturity profile of Optus’ debt and adds diversity to its debt structure. Optus will utilise the funds for general corporate purposes.”
