(November 25 09:28) Sbr.com.sg
Uploaded By:
Paul Howell
Submitted By:
Paul Howell
Case Study:
No
It was initially launched at an offer size of $300m.
Singapore Airlines has increased the offer size of its 10-year bond issue from $300m to $500m after what the company saw that a “strong appetite was apparent from a select group of private investors.”
The 10-year bonds will carry a competitive coupon of 3.5% per annum.
“This issuance further strengthens the Company’s liquidity position, and the proceeds will be used for general purposes including refinancing of existing borrowings,” SIA said.
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