Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Singtel ( (SG:Z74) ).
Singtel, through its subsidiary Optus, has announced the pricing of SGD 160 million in 10-year fixed rate notes, set to be issued on 25 July 2025. This issuance is part of Singtel’s long-term financing strategy, aimed at extending its debt maturity profile. The proceeds will be converted into Australian Dollars to support Optus’s regular business activities. Oversea-Chinese Banking Corporation Limited acted as the sole lead manager and bookrunner for this issuance.
The most recent analyst rating on (SG:Z74) stock is a Buy with a S$4.30 price target. To see the full list of analyst forecasts on Singtel stock, see the SG:Z74 Stock Forecast page.
More about Singtel
Singapore Telecommunications Limited (Singtel) is a major player in the telecommunications industry, providing a wide range of services including fixed, mobile, data, internet, TV, and infocomms technology (ICT) solutions. Singtel operates primarily in Singapore and Australia, with a significant presence in Asia and Africa through its regional associates.
YTD Price Performance: 35.39%
Average Trading Volume: 25,405,120
Technical Sentiment Signal: Buy
Current Market Cap: S$68.82B
For an in-depth examination of Z74 stock, go to TipRanks’ Overview page.