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Singtel Optus will utilise the funds for general corporate purposes. Singtel subsidiary Singtel Optus priced its EUR500m ($770.82m) 10 year fixed-rate notes at 1% per annum and for maturity on 20 June 2029, an announcement revealed. Under the Optus Finance EUR3b ($4.62b), the issued notes are guaranteed by Optus and certain subsidiaries. “This issue is part of Optus’ long-term financing strategy, extends the maturity profile of Optus’ debt as well as adding diversity to its debt structure,” Singtel said in a filing, noting that Optus will utilise the funds for general corporate purposes. Citigroup Global Markets, HSBC Bank and Merrill Lynch International acted as joint lead managers and bookrunners for the notes which will be issued on 20 June.  

Private healthcare allowances are tipped to grow at a 8.3% CAGR  between 2016-2020.

It aims to cover legal expenses incurred in IP infringement proceedings worldwide.

It ranked 12th due to another strong year for the Singapore dollar.

The top-ups will be given only to qualified seniors.

Its orderbook recognition for the next three quarters is expected to rise 31%.

Singtel was the top active stock and grew 0.9%.

And Air New Zealand is boosting flight frequency from Singapore in the winter.

Hi-P International recorded a 50.1% YTD return.

Only the apparel & footwear industry was able to post gains after sales rose 3.4%.

The ratio of job vacancies to unemployed persons dipped to 1.08 in March.

The firm will realise gross proceeds of about $67.7m to fund its acquisitions.

Rents in the OCR led the increase at 2.4%.

Nearly 7 in 10 are already covered by the Integrated Shield plan in 2017.

Singtel led the gains at 0.91%.

And a study found that Singaporeans bound for Taiwan are the most vulnerable to scams.