Home News Aviation & Engineering

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.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

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

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.