Chicago, June 24 – Singapore Telecommunications Ltd. announced that its wholly owned subsidiary, SingTel Optus Pty Ltd., priced A$850 million of notes in two parts, according to a notice.
The notes are being issued by wholly owned subsidiary Optus Finance Pty Ltd. and are guaranteed by SingTel.
The first part is for A$350 million of five-year notes at 1.6%.
The second tranche consists of A$500 million 10-year notes with a 2˝% coupon.
Australia and New Zealand Banking Group Ltd., Commonwealth Bank of Australia and Westpac Banking Corp. worked as joint lead managers and bookrunners.
Proceeds will be used for general corporate purposes.
SingTel is a communications provider based in Singapore.
| Issuer: | Optus Finance Pty Ltd.
|
| Guarantor: | SingTel Optus Pty Ltd.
|
| Bookrunners: | Australia and New Zealand Banking Group Ltd., Commonwealth Bank of Australia and Westpac Banking Corp.
|
| Pricing date: | June 24
|
| Settlement date: | July 1
|
|
|
| Five-year notes
|
| Amount: | A$350 million
|
| Maturity: | Five years
|
| Coupon: | 1.6%
|
|
|
| 10-year notes
|
| Amount: | A$500 million
|
| Maturity: | 10 years
|
| Coupon: | 2˝%
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
