Singtel unit clinches $1.5b revolving credit facility from 11 banks

Three-year tenor was arranged for general corporate use.

Singtel, through its subsidiary Singtel Group Treasury Pte. Ltd., has signed a $1.5b committed revolving credit facility with 11 banks, according to a company statement on 29 May.

The three-year facility will be guaranteed by Singtel and will be used for general corporate purposes, the company said.

The lending group comprises Australia and New Zealand Banking Group, Bank of America, China Construction Bank, Citibank, DBS Bank, Industrial and Commercial Bank of China, Oversea-Chinese Banking Corporation, Standard Chartered Bank, Westpac Banking Corporation, The Hongkong and Shanghai Banking Corporation, and United Overseas Bank.

Arthur Lang, Singtel Group chief financial officer, said the transaction was completed with the group’s banking partners and reflects continued confidence in Singtel’s strategic direction, business fundamentals, and credit quality.

The facility comes after Singtel reported that its net profit for the nine months ended 31 December 2025 more than doubled to $5.30b, driven by $3.2b in gains from the sale of Airtel shares.

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