By Marisa Wong
Madison, Wis., Dec. 5 - Singapore Telecommunications Ltd. wholly owned subsidiary SingTel Optus Pty. Ltd. priced A$300 million of five-year fixed-rate notes through its wholly owned subsidiary, Optus Finance Pty. Ltd., according to a company news release. SingTel Optus will guarantee the notes.
Australian and New Zealand Banking Group Ltd., Commonwealth Bank of Australia, HongKong and Shanghai Banking Corp. Ltd., Sydney Branch and Westpac Institutional Bank are the joint lead managers and bookrunners.
The exact coupon for the notes was not disclosed in the news release.
The notes are being issued under the company's Australian dollar-denominated debt issuance program. Settlement is slated for Dec. 12.
Proceeds will be used for general corporate purposes.
SingTel is a communications provider based in Singapore.
| Issuer: | Optus Finance Pty. Ltd.
|
| Guarantor: | SingTel Optus Pty. Ltd.
|
| Issue: | Notes
|
| Amount: | A$300 million
|
| Maturity: | Dec. 12, 2018
|
| Coupon: | Fixed
|
| Bookrunners: | Australian and New Zealand Banking Group Ltd., Commonwealth Bank of Australia, HongKong and Shanghai Banking Corp. Ltd., Sydney Branch and Westpac Institutional Bank
|
| Announcement date: | Dec. 5
|
| Settlement date: | Dec. 12
|
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