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Singapore Airlines launches and prices $500 mil in 3.5% notes due 2030

Felicia Tan
Felicia Tan11/24/2020 05:44 PM GMT+08  • 2 min read
Singapore Airlines launches and prices $500 mil in 3.5% notes due 2030
Since the beginning of the FY2020/2021, SIA has raised some $12.7 billion in additional liquidity.
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Singapore Airlines (SIA) says it has successfully raised $500 million via a private placement of new 10-year notes.

The notes, which are due 2030, will carry a coupon of 3.5% p.a. and issued in denominations of $250,000.

SIA says the offer was initially launched at $300 million and was increased to $500 million following positive reactions from a “select group of private investors”.


SEE: Singapore Airlines increases its multicurrency medium term note programme to $10 bil

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