SingTel dials up bond market sweet spot

Asian telco returns to the international bond markets for the first time in three years with a deal priced flat to fair value.

SingTel dials up bond market sweet spot

Singapore Telecommunications SingTel returned to the international bond markets for the first time in three years on Tuesday with a $500 million deal that was timed to take advantage of a brief respite from the volatility generated by Greece's debt negotiations. 

The deal hit a sweet spot in the market, not only because of its timing but also because it had a 10-year tenor the point of the curve where sales desks were...

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