SINGAPORE TELECOMMUNICATIONS LIMITED General Announcement::Singtel Group inks agreements for S$4.1 billion of credit faci...
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General Announcement::Singtel Group inks agreements for S$4.1 billion of credit facilities with international banks Issuer & Securities
Issuer/ ManagerSINGAPORE TELECOMMUNICATIONS LIMITED
Securities SINGTEL - SG1T75931496 - Z74 Stapled Security NoAnnouncement Details
Announcement TitleGeneral Announcement
Date & Time of Broadcast 21-Apr-2017 17:20:34 Status NewAnnouncement Sub Title Singtel Group inks agreements for S$4.1 billion of credit facilities with international banks
Announcement Reference SG170421OTHR00DK Submitted By (Co./ Ind. Name) Lim Li Ching (Ms) Designation Assistant Company Secretary Description (Please provide a detailed description of the event in the box below) Please seeattachment. AttachmentsNR-20170421-Bank Facilities.pdf Total size =17K
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announce...
21/04/2017
News Release Singtel Group inks agreements for S$4.1 billion of credit facilities with international banks Singapore, 21 April 2017 - Singapore Telecommunications Limited (Singtel) today announced that its subsidiaries entered into agreements for total credit facilities of approximately S$4.1 billion for general corporate purposes and refinancing of existing facilities.In Singapore, Singtel Group Treasury Pte. Ltd., a subsidiary of Singtel, signed the agreement for a three-year S$2.5 billion committed revolving credit facility with 12 banks, comprising Australia and New Zealand Banking Group Limited, Bank of America, N.A., Singapore Branch, BNP Paribas, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Citibank N.A.,Singapore Branch, DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, Mizuho Bank, Ltd., Oversea- Chinese Banking Corporation Limited, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation Singapore Branch, and United Overseas Bank Limited. This facility is guaranteed by Singtel.
In Australia, Optus Finance Pty Ltd, a subsidiary of Singtel Optus Pty Limited (Optus), signed a three-year A$1.5 billion committed revolving facility agreement with 15 banks, comprising Australia and New Zealand Banking Group Limited, Bank of America, N.A., Australian Branch, Bank of China, Sydney Branch, The Bank of Tokyo-Mitsubishi UFJ, Ltd., BNP Paribas, Sydney Branch, Citibank, N.A., Sydney Branch, Commonwealth Bank of Australia, DBS Bank Ltd., Australian Branch, The Hongkong and Shanghai Banking Corporation, Sydney Branch, Mizuho Bank, Ltd., Oversea-Chinese Banking Corporation Limited, Sydney Branch, Standard Chartered Bank, Singapore Branch, Sumitomo Mitsui Banking Corporation, Sydney Branch, Societe Generale, Singapore Branch, and Westpac Banking Corporation. This facility is guaranteed by Optus and certain of its subsidiaries.
Ms Lim Cheng Cheng, Singtel Group Chief Financial Officer, said, "The Singtel Group is very pleased with the level of support demonstrated by our bankers in Singapore and Australia, which reflects their confidence in the Singtel Group's credit quality and business fundamentals."
About SingtelSingtel is Asia's leading communications and ICT solutions group, providing a portfolio of services from next-generation communication, technology services to infotainment to both consumers and businesses. For consumers, Singtel delivers a complete and integrated suite of services, including mobile, broadband and TV. For businesses, Singtel offers a complementary array of workforce mobility solutions, data hosting, cloud, network infrastructure, analytics and cyber-security capabilities. The Group has presence in Asia, Australia and Africa and reaches over 640 million mobile customers in 22 countries. Its infrastructure and technology services for businesses span 21 countries, with more than 370 direct points of presence in 325 cities.
For more information, visit www.singtel.com.
Follow us on Twitter at www.twitter.com/SingtelNews
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Media Contact:Chao Jang Ting
Senior Manager, Group Corporate Communications Phone: +65 8799 5768
Email: cjangting@singtel.com
SingTel - Singapore Telecommunications Limited published this content on 21 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 April 2017 10:58:12 UTC.
Original documenthttps://www.singtel.com/content/dam/singtel/investorRelations/stockExchange/2017/NR-20170421-Bank%20Facilities.pdf
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