E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/30/2023 in the Prospect News Emerging Markets Daily.

New Issue: Singapore Telecommunications unit sells HK$1.5 billion of 4.635% notes due 2033

By Mary-Katherine Stinson

Lexington, Ky., May 30 – Singapore Telecommunications Ltd.’s wholly owned subsidiary Singtel Optus Pty Ltd. through its wholly owned subsidiary Optus Finance Pty Ltd. sells HK$1.5 billion of 4.635% notes due June 7, 2033, according to a notice.

The issue is guaranteed by Singtel Optus and certain subsidiaries.

HSBC is the sole bookrunner for the Regulation S deal.

Proceeds will be used to fund Optus’ ordinary course of business.

The notes were issued under Optus Finance’s €3 billion euro medium-term note program.

Singapore Telecommunications is a broadband services provider based in Singapore.

Issuer:Optus Finance Pty Ltd.
Guarantor:Singtel Optus Pty Ltd.
Issue:Notes
Amount:HK$1.5 billion
Maturity:June 7, 2033
Bookrunner:HSBC
Coupon:4.635%
Pricing date:May 30
Settlement date:June 7

© 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.