Optus secures $1.2bn credit line

By
Follow google news

Used for day-to-day operations.

Optus has secured a three-year $1.2 billion revolving credit facility with 12 banks.

Optus secures $1.2bn credit line

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.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © iTnews.com.au . All rights reserved.
Tags:

Most Read Articles

NAB hits milestone with tech role insourcing

NAB hits milestone with tech role insourcing

Westpac factors post-quantum cryptography prep into "secure router" rollout

Westpac factors post-quantum cryptography prep into "secure router" rollout

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Westpac finishes replanning its Unite tech transformation

Westpac finishes replanning its Unite tech transformation

Log In

  |  Forgot your password?