SingTel launches roadshows for bond issue

Presentations for what is shaping up to be Asia''s largest corporate bond offering of the year will begin on Monday.

Unlike its two most immediate predecessors - Jardine Strategic and KDB - SingTel is said to have opted for a relatively long presentation schedule, with pricing likely to take place in the middle of the week beginning November 19.

With Goldman Sachs and Salomon Smith Barney as joint global co-ordinators, the telco is still said to be hoping to raise up to $2 billion, but is likely to split the amount into different currencies and opt for a...

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