Both will be issued on 1 July and are guaranteed by Optus and certain subsidiaries.
Singtel’s Australian unit Optus, through its wholly-owned subsidiary Optus Finance, has priced its $334.57m (A$350m) 5-year notes at 1.60% and $477m (A$500m) 10-year notes at 2.50%, an SGX filing revealed.
Both will be issued on 1 July and are guaranteed by Optus and certain subsidiaries. The 5-year notes will carry a coupon of 1.60% per annum and will mature on 1 July 2025, whilst the 10-year notes will carry a coupon of 2.50% per annum and will mature on 1 July 2030.
The notes are issued under Optus Finance’s Australian dollar debt issuance programme. The telco said that they will utilise the funds for general corporate purposes.
Australia and New Zealand Banking Group, Commonwealth Bank of Australia and Westpac Banking Corporation acted as joint lead managers and bookrunners.
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