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.