NEWS

TELECOM & INTERNET | Staff Reporter, Singapore
Published: 30 Jul 10
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SingTel Group Treasury launches S$10 billion debt programme

SingTel Group Treasury launches S$10 billion debt programme

A subsidiary of Singapore's largest telecommunications company by market value is introducing a Guaranteed Euro Medium Term Note Programme.

SingTel's wholly-owned subsidiary SingTel Group Treasury Pte. Ltd. has established a S$10 billion Guaranteed Euro Medium Term Note (EMTN) Programme, according to a SingTel announcement.

The Hongkong and Shanghai Banking Corporation Limited and Morgan Stanley Asia (Singapore) Pte. are the arrangers and dealers for the debt programme.

Moody’s Investors Service and Standard & Poor’s have assigned ratings of Aa2 and A+ respectively to the EMTN Programme, in line with SingTel’s current long term ratings.

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