By Marisa Wong
Madison, Wis., Sept. 2 - Singapore Telecommunications Ltd. announced that its subsidiary SingTel Group Treasury Pte. Ltd. will issue $100 million of floating-rate notes due Sept. 12, 2018 on Sept. 12. The parent company will guarantee the notes.
HSBC Ltd. is the manager for the offering, according to a company news release.
The notes are being issued under the company's S$10 billion euro medium-term note program.
Proceeds will be used for general corporate purposes.
SingTel is a broadband service provider based in Singapore.
| Issuer: | SingTel Group Treasury Pte. Ltd.
|
| Guarantor: | Singapore Telecommunications Ltd.
|
| Issue: | Notes
|
| Amount: | $100 million
|
| Maturity: | Sept. 12, 2018
|
| Coupon: | Floating
|
| Manager: | HSBC Ltd.
|
| Settlement date: | Sept. 12
|
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