mandatory convertible bonds (MCBs)

SIA share price shrugs off largest ever full-year net loss of $4.27 bil - THE EDGE SINGAPORE

Company in the news

SIA share price shrugs off largest ever full-year net loss of $4.27 bil

This was the airline’s second full-year loss since its FY2020 net loss of $212 million.
Singapore Airlines to raise $6.2 bil via MCBs following $4.27 bil net loss for FY20/21 - THE EDGE SINGAPORE

Results

Singapore Airlines to raise $6.2 bil via MCBs following $4.27 bil net loss for FY20/21

The airline called the FY2020/2021 its "toughest year in its history".

Company in the news

Does SIA need to make another cash call soon?

As at Aug 14, SIA had already burnt half of the $8.8 billion proceeds raised from rights shares and mandatory convertible bonds.

Broker's Calls

UOBKH turns bearish on SIA, recommends 'taking profit'

SINGAPORE (June 22): About a month ago, UOB KayHian (UOBKH) was one of few brokerages that were optimistic about Singapore Airlines’ prospects.

Aviation & Engineering

SIA rights shares fully subscribed but shareholders snub MCBs

There were a mix of valid acceptances and excess applications, which amounted to a total of 119.5% of the 1.78 billion rights shares available under the rights issue.

Aviation & Engineering

SIA faces its biggest challenge in Covid-19; investors will need a strong stomach

Since its inception in 1972, Singapore Airlines (SIA) has weathered through all kinds of downturns that had im­pacted air travel. This included the Sept 11 terrorist attacks in 2001, the SARS epidemic in 2003 and the global finan­cia
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