Singtel Optus prices $200m fixed rate notes due 2035
The notes will be converted to Australian dollars for Optus Finance’s medium term notes.
Singapore Telecommunications Limited (Singtel) said Singtel Optus, through its subsidiary Optus Finance Pay Pty Limited (Optus Finance), has priced $200m 10-year fixed rate notes.
The fixed rate notes, drawn under Optus Finance’s $4.5b (EUR3b) medium term notes, will be issued on 3 December 2025 and will mature on 3 December 2035, Singtel said in a bourse filing.
The notes will be denominated in Singapore dollars and carry a coupon of 2.48% per annum.
The net proceeds from the issuance will be converted into Australian dollars and applied by Optus towards funding its business, Singtel added in the filing.
United Overseas Bank Limited was appointed as sole lead manager and bookrunner for the issuance.