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Singtel bolsters balance sheet with US$500m of new debt after pushing into new markets

Connectivity BusinessbyConnectivity Business
September 28, 2016
in Uncategorized
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Singaporean telecoms and satellite operator Singtel has priced US$500m of 10-year notes as it looks to strengthen its balance sheet after recent investments, which include taking an indirect stake in Bangkok-based FSS operator Thaicom. The outlays, designed to increase its exposure to emerging markets, mean Moody’s now expects Singtel’s net adjusted leverage to increase to 2.1x by the […]

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Tags: Asia PacificDBSHSBC GroupInTouchLazardMoody'sMorgan StanleyOptusPremiumSingTelThaicomThaicom Public Company
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