Optus has secured a three-year $1.2 billion revolving credit facility with 12 banks.
The facility would be used for "general corporate purposes and to refinance existing facilities", the telco said in a brief statement overnight.
The banks included ANZ, CBA, JP Morgan Chase and Westpac.
Parent company SingTel secured a S$2.16 billion credit facility of its own, also for three years.
Copyright © iTnews.com.au . All rights reserved.
A confirmation email has been sent to your email address - SUPPLIED GOES EMAIL HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can start posting.
If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain @itnews.com.au to your white-listed senders.