(March 19 12:10) Sbr.com.sg
Submitted By:
Arianna Danganan
Case Study:
No
It may upsize the offer to up to a maximum of $750m if it gets oversubscribed.
Singapore Airlines (SIA) is proposing to offer five-year fixed rate bonds under its $2b Medium Term Bond Programme which was established on 13 March 2019, an announcement revealed.
The proposed offer will include a placement to institutional investors and relevant persons, and a public offer tranche that will be open to retail investors in Singapore. The bonds are expected to comprise up to $500m in aggregate principal amount of fixed rate bonds maturing in 2024.
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