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StarHub Prices S$200 Million Perpetual Securities for Strategic Funding

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StarHub Prices S$200 Million Perpetual Securities for Strategic Funding

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StarHub ( (SG:CC3) ) just unveiled an update.

StarHub Ltd has announced the pricing of S$200 million in 3.35% subordinated perpetual securities under its S$2 billion Multicurrency Debt Issuance Programme. The proceeds from this issuance will be used for general corporate funding, including new acquisitions, refinancing, and capital expenditures, potentially strengthening StarHub’s financial position and operational capabilities.

The most recent analyst rating on (SG:CC3) stock is a Hold with a S$1.00 price target. To see the full list of analyst forecasts on StarHub stock, see the SG:CC3 Stock Forecast page.

More about StarHub

StarHub Ltd is a telecommunications company based in Singapore, offering a range of services including mobile, broadband, and pay television. The company focuses on providing comprehensive communication solutions and is a key player in the Singaporean telecom industry.

Average Trading Volume: 1,739,783

Technical Sentiment Signal: Hold

Current Market Cap: S$1.96B

Learn more about CC3 stock on TipRanks’ Stock Analysis page.

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