Singapore Telecommunications, $2.29 billion
Goldman Sachs, Salomon Smith Barney
Long after 2001 fades from view, there is likely to be one bond issue that remains firmly lodged in the market's mind. SingTel's runaway success in mid-November stands out as one of the year's memorable transactions and for global investors the deal's size provided the kind of liquidity, which has often been sadly lacking in Asia's corporate credit markets.
Now ranking second to the Republic of Korea's $4 billion deal as the largest on record from the region, the three tranche deal drew the kind of unstoppable momentum that left the leads with...