Singapore Airlines Bolsters Cash Reserves With New $630M Bond 

A350
Credit: Joe Pries
SINGAPORE—Singapore Airlines (SIA) has raised S$850 million ($630 million) in a convertible bond issue exercise reserved for a “variety of institutional investors.” The five-year bond will carry a yield of 1.625% per annum and could be converted into shares worth S$5.743 per share, a premium of 45...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

Singapore Airlines Bolsters Cash Reserves With New $630M Bond  is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.