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Singapore's SingTel appoints two banks to set up S$650 million three-year loan facility
By Reshmi Basu
New York, July 25 - Singapore Telecommunications Ltd. (SingTel) said it has mandated Citigroup Global Markers Singapore Pte. Ltd. and DBS Bank Ltd. as lead arrangers for a S$650 million three-year loan facility.
SingTel is a broadband service provider. Singapore's state-owned investment company, Temasek Holdings Pte., is the biggest shareholder of SingTel.
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