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Published on 9/4/2012 in the Prospect News Emerging Markets Daily.

New Issue: Singapore's StarHub prices S$220 million 3.08% notes due 2022 at par

By Marisa Wong

Madison, Wis., Sept. 4 - StarHub Ltd. announced it priced S$220 million of fixed-rate notes under its S$1 billion multicurrency medium-term note program established on Sept. 23, 2011.

The 10-year notes were priced at par to yield 3.08%.

Australia and New Zealand Banking Group Ltd. and DBS Bank Ltd. are the joint lead managers and joint bookruuners.

Proceeds will be used for general corporate funding requirements and investments.

Settlement is slated for Sept. 12.

StarHub is a Singapore-based telecommunications company.

Issuer:StarHub Ltd.
Issue:Fixed-rate notes
Amount:S$220 million
Maturity:2022
Coupon:3.08%
Price:Par
Yield:3.08%
Bookrunners:Australia and New Zealand Banking Group Ltd. and DBS Bank Ltd.
Announcement date:Sept. 4
Settlement date:Sept. 12

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