Singapore’s incumbent telco Singtel has priced a S$150m (US$108m) fixed-rate bond due September 2020.
Oversea-Chinese Banking Corporation acted as sole manager, and the issue follows a similar S$150m bond the bank arranged for the group in…
Singapore’s incumbent telco Singtel has priced a S$150m (US$108m) fixed-rate bond due September 2020.
Oversea-Chinese Banking Corporation acted as sole manager, and the issue follows a similar S$150m bond the bank arranged for the group in February.
Both were guaranteed by the parent group and issued through its Singtel Group Treasury unit.
They are part of the S$10bn EMTN programme that Singtel 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.
The notes will be issued on 24 March.
