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 number of maturities out to 30 years. In particular, observers report that the group is actively considering whether to include a euro-denominated tranche as well as a dollar-denominated one. There is unlikely to...
