SingTel prices $430m convertible notes

SingTel prices $430m convertible notes

SingTel (ASX:SGT) subsidiary SingTel group treasury has priced S$600 million ($429.5 million) worth of convertible notes due on 2020.

The notes will pay a semi-annual coupon of 3.4875% per annum, and have been guaranteed by the parent entity, SingTel said.

The issue will be lead managed by DBS Bank, HSBC and Oversea-Chinese Banking Corporation.

The notes will be listed on the Singapore securities exchange on April 9.

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Tags Telecommunicationssingtelcapital raisingConvertible notes

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