Singapore's SIA successfully raises S$500m via private placement of new 10-year bonds | Malay Mail

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Singapore's SIA successfully raises S$500m via private placement of new 10-year bonds

Tuesday, 24 Nov 2020 08:54 PM MYT

“This reflects the strong confidence that investors have in the ability of Singapore Airlines to navigate the near-term challenges, and emerge as a leader in the airline industry,” said chief executive officer Goh Choon Phong in a statement issued here. The 10-year bonds, whereby DBS Bank and United Overseas Bank acted as joint lead managers of the issue, will carry a competitive coupon of 3.5 per cent per annum.

 

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