Singapore Airlines prices US$500 mil in 5.25% notes due 2034
The 10-year notes are expected to be admitted to the Official List of the SGX-ST with effect from 9.00am on March 22.
Singapore Airlines (SIA) C6L
has issued notes worth US$500 million ($670 million) under its $10 billion multicurrency medium term note programme on March 21.
The 10-year notes, which are due in March 2034, will carry a coupon of 5.25% per annum, payable semi-annually in arrear. They will be issued in denominations of US$200,000 and in higher integral multiples of US$1,000.
The notes are expected to be admitted to the Official List of the SGX-ST with effect from 9.00am on March 22.
Citigroup Global Markets Singapore and DBS Bank acted as joint global coordinators for the issue. Citigroup, DBS, HSBC Singapore and J.P. Morgan Securities Asia are the joint lead managers.
Shares in SIA closed 3 cents or 0.47% up at $6.40 on March 21.
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