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NetLink NBN ( (SG:CJLU) ) has provided an announcement.
NetLink NBN Trust has announced the pricing of S$300 million in notes due 2035, as part of its S$1 billion Multicurrency Debt Issuance Programme. The proceeds from this issuance will be used for general corporate purposes, including refinancing existing borrowings and financing investments, acquisitions, and capital expenditures, potentially strengthening the company’s financial position and operational capabilities.
The most recent analyst rating on (SG:CJLU) stock is a Buy with a S$0.98 price target. To see the full list of analyst forecasts on NetLink NBN stock, see the SG:CJLU Stock Forecast page.
More about NetLink NBN
NetLink NBN Trust is a business trust established under the laws of Singapore, primarily involved in the telecommunications industry. It focuses on providing high-speed broadband network services and is managed by NetLink NBN Management Pte. Ltd.
Average Trading Volume: 4,794,950
Technical Sentiment Signal: Buy
Current Market Cap: S$3.6B
See more insights into CJLU stock on TipRanks’ Stock Analysis page.