Singapore, 31 January 2025 – Singtel today announced that its wholly-owned subsidiary, Optus Finance Pty Limited has signed a A$1.95 billion committed revolving credit facility with 12 banks, comprising Australia and New Zealand Banking Group Limited, Bank of China Limited, Sydney Branch, BNP Paribas, Sydney Branch, Citibank, N.A., Sydney Branch, Commonwealth Bank of Australia, DBS Bank Ltd., Australia Branch, Mizuho Bank Ltd., Oversea-Chinese Banking Corporation Limited, Sumitomo Mitsui Banking Corporation, Sydney Branch, The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch, United Overseas Bank Limited, Sydney Branch, and Westpac Banking Corporation. This facility is guaranteed by Optus Finance Pty Limited’s parent company, Singtel Optus Pty Limited, and certain of its subsidiaries and will be used to refinance its existing credit facilities as well as for other general corporate purposes."
"We thank our banks for their support and commitment. This demonstrates their confidence in the Group’s improving operating performance as we execute on our Singtel28 strategy for growth, as well as our business fundamentals and credit quality."
Arthur Lang,
Singtel Group Chief Financial Officer
Mr Arthur Lang, Singtel Group Chief Financial Officer, said, “We thank our banks for their support and commitment. This demonstrates their confidence in the Group’s improving operating performance as we execute on our Singtel28 strategy for growth, as well as our business fundamentals and credit quality.”
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