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Changi Airport Group issues $500 mil 10-year notes with 1.88% p.a. coupon

Felicia Tan
Felicia Tan5/14/2021 8:9 AM GMT+08  • 1 min read
Changi Airport Group issues $500 mil 10-year notes with 1.88% p.a. coupon
The notes are rated “Aaa” by Moody’s.
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The Changi Airport Group (CAG) has, on May 12, issued $500 million worth of 10-year notes under its $2 billion multicurrency medium term note programme.

The SGD-denominated notes were issued at an issue price of 100% of their principal amount and in denominations of $250,000. The notes will carry a coupon of 1.88% per annum and are due May 12, 2031.

The notes were offered by CAG under the exemptions invoked under Sections 274 and/or 275 of the Securities and Futures Act, Chapter 289 of Singapore.

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