Singtel broker report asian capital markets October 2007

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With Outstanding net debt of 9.5 Billion, with 3.8 billion from post acquisition of Warid, interest rates and credit risk pose a higher threat with the recent subprime and contagion resulting in increased global interest rates and a credit risk. Although Singtel has enough cash flow for its current financing costs, the opportunities to borrow through the bond market to finance its acquisitions may be impeded by higher interest rates...
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With Outstanding net debt of 9.5 Billion, with 3.8 billion from post acquisition of Warid, interest rates and credit risk pose a higher threat with the recent subprime and contagion resulting in increased global interest rates and a credit risk. Although Singtel has enough cash flow for its current financing costs, the opportunities to borrow through the bond market to finance its acquisitions may be impeded by higher interest rates...
Showed next 250 characters

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