Singapore's StarHub establishes S$1 billion multicurrency MTN program

By Marisa Wong

Madison, Wis., Sept. 23 - StarHub Ltd. announced the establishment of a S$1 billion multicurrency medium-term note program.

Australia and New Zealand Banking Group Ltd. and DBS Bank Ltd. are the arrangers and dealers for the program.

Under the program StarHub may, from time to time, issue notes in series or tranches in Singapore dollars or other currencies. The notes may bear interest at a fixed or floating rate.

Proceeds will be used for financing acquisitions and investments, refinancing existing borrowings, working capital and other general funding requirements.

StarHub is a Singapore-based telecommunications company.

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