Singtel's Optus issues $334.57m 5-year notes and $477m 10-year notes

Both will be issued on 1 July and are guaranteed by Optus and certain subsidiaries.

Singtel’s Australian unit Optus, through its wholly-owned subsidiary Optus Finance, has priced its $334.57m (A$350m) 5-year notes at 1.60% and $477m (A$500m) 10-year notes at 2.50%, an SGX filing revealed.

Both will be issued on 1 July and are guaranteed by Optus and certain subsidiaries. The 5-year notes will carry a coupon of 1.60% per annum and will mature on 1 July 2025, whilst the 10-year notes will carry a coupon of 2.50% per annum and will mature on 1 July 2030.

The notes are issued under Optus Finance’s Australian dollar debt issuance programme. The telco said that they will utilise the funds for general corporate purposes.

Australia and New Zealand Banking Group, Commonwealth Bank of Australia and Westpac Banking Corporation acted as joint lead managers and bookrunners.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia