Singapore Airlines prices S$668.9m notes at 5.25%

Singapore Airlines has launched and priced S$668.9m worth of its notes at 5.25% due 2034 to institutional and accredited investors in Singapore.

The notes’ issue price is 99.65% of its principal amount, in denominations of more than half of three hundred thousand Singapore dollars.The issuance date will be on 21 March 2024, subject to satisfaction of customary closing conditions. The notes are expected to mature on 21 March 2034. Net proceeds from the issue will be used by the company for aircraft purchases, aircraft-related payments, and general corporate or working capital purposes which includes refinancing of the company’s existing borrowings....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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Singapore, the world’s most globally connected nation, leads in international flows linked to domestic activities, as per DHL report.Deal activity in Asia Pacific fell 26.3% YoY in 2023, but an expert suggests that years after a ‘bad year’ are always ‘exceptionally good.

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