SIA set to issue $500m of five-year fixed rate bonds

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. read more