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Singtel’s Optus Finance Prices SGD 250 Million Fixed Rate Notes

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Singtel’s Optus Finance Prices SGD 250 Million Fixed Rate Notes

The latest announcement is out from Singtel ( (SG:Z74) ).

Singtel announced that its subsidiary, Optus Finance Pty Limited, has priced SGD 250 million in 7-year fixed rate notes, set to be issued in March 2025. This issuance, carrying a 3.125% annual coupon, is part of Singtel’s long-term financing strategy to extend its debt maturity profile, with proceeds aimed at funding Optus’s regular business operations.

More about Singtel

Singapore Telecommunications Limited (Singtel) is a major telecommunications company based in Singapore, primarily offering telecommunication services and products. It operates in various markets, focusing on providing comprehensive communication solutions.

YTD Price Performance: 9.31%

Average Trading Volume: 10,075

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $41.06B

See more insights into Z74 stock on TipRanks’ Stock Analysis page.

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