Busy tone: SingTel bond hits crowded market

New dollar-denominated offering hits a market struggling under the twin pressures of strong supply and concerted selling following recent new issue underperformance.
Glued to the US presidential debate
Glued to the US presidential debate

Singapore Telecommunications (SingTel) returned to the international bond markets for the first time in just over a year on Monday with a capped $500 million deal that entered a market showing very clear signs of indigestion.

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