By Mary-Katherine Stinson
Lexington, Ky., April 3 – Singapore Telecommunications Ltd. subsidiary Singtel Optus Pty Ltd., through its wholly-owned subsidiary, Optus Finance Pty Ltd. priced A$100 million 4.577% sustainability-linked bonds due April 12, 2028, according to a notice.
The issue is guaranteed by Singtel Otus Pty Ltd. and certain subsidiaries.
From the interest period beginning Oct. 12, 2025, the coupon rate will be subject to a 25 basis points step-up margin per year if the stated greenhouse emissions target is not met.
BNP Paribas is the sole lead manager and bookrunner.
The proceeds will be used by Singtel Optus to fund its ordinary course of business.
The notes will be drawn under Optus Finance’s A$3 billion Australian debt issuance program.
Singapore Telecommunications a broadband services provider based in Singapore.
| Issuer: | Optus Finance Pty Ltd.
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| Guarantor: | Singtel Otus Pty Ltd.
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| Issue: | Sustainability-linked bonds
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| Amount: | A$100 million
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| Maturity: | April 12, 2028
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| Bookrunner: | BNP Paribas
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| Coupon: | 4.577%
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| Pricing date: | April 3
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| Settlement date: | April 12
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