Mobile operator Singapore Telecommunications (SingTel) has said its wholly-owned subsidiary SingTel Group Treasury will issue Y10bn (US$130m) worth of seven-year fixed-rate notes on 28 November 2011.
HSBC is acting as sole manager on this…
Mobile operator Singapore Telecommunications (SingTel) has said its wholly-owned subsidiary SingTel Group Treasury will issue Y10bn (US$130m) worth of seven-year fixed-rate notes on 28 November 2011.
HSBC is acting as sole manager on this transaction.
The notes issue is part of the company’s S$10bn [US$7.7bn] euro medium term note programme established in 2010.
In mid-September, under this programme, SingTel issued US$100m in seven-year floating rate notes.
The company explained that proceeds from the transaction will be used to fund its ordinary course of business.
