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

CBA finds its first chief AI officer

CBA finds its first chief AI officer

CBA wants agents to initiate application modernisation

CBA wants agents to initiate application modernisation

ASX outage caused by security software upgrade

ASX outage caused by security software upgrade

CBA's group CIO of three years to exit in December

CBA's group CIO of three years to exit in December

Log In

  |  Forgot your password?