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.

Add iTnews as your trusted source

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

Most Read Articles

Westpac hires a chief AI innovation officer

Westpac hires a chief AI innovation officer

ASIC, APRA among regulators monitoring Anthropic's Mythos

ASIC, APRA among regulators monitoring Anthropic's Mythos

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Suncorp creates a "clear execution roadmap" for agentic AI

Suncorp creates a "clear execution roadmap" for agentic AI

Log In

  |  Forgot your password?