SIA may exhaust $8.8b debt proceeds before market recovers: analyst

Uploaded By:  Frances Gagua Submitted By:  Staff Reporter Case Study:  No As of August, the carrier has already utilised $4.4b of the proceeds. Singapore Airlines (SIA) could potentially exhaust its $8.8b in rights and convertible debt proceeds by end-March 2021, warns UOB Kay Hian in a report, unless it manages to defer a large part of its $2b in advance payment for flights. read more