// Adds dimensions UUID, Author and Topic into GA4
Saturday, September 5, 2026
33 C
Singapore
type here...
Singapore Airlines airplanes at Changi Airport in Singapore
Photo: Depositphotos/Boarding2Now(for illustration purposes only)
SGX
Less than 1 min.Read

SIA prices S$668.63M bonds in multi-currency medium-term note programme

Mary Alavanza
By Mary Alavanza

SINGAPORE: Singapore Airlines (SIA) prices US$500 million (S$668.63 million) worth of senior unsecured notes under its multi-currency medium-term note programme, according to DBS.

The Edge Singapore reported that DBS, Citigroup, and JP Morgan are the bonds’ joint global coordinators and bookrunners.

The fixed-rate notes have a 5.25% per annum coupon rate and a reoffer price of 99.646, yielding 5.296%.

For comparison, they have a reoffer spread of 110 basis points higher than the 10-year US Treasury bonds due Feb 15, 2023, which carry a yield of 4.196%. Denominated in US dollars (USD), these notes boast a ten-year tenor and will pay out semi-annually.

The settlement date for the trade is on March 21, with the notes maturing on the same date in 2034.

According to SIA, the proceeds from the notes will be used for aircraft purchases, aircraft-related payments, and general corporate or working capital purposes, including refinancing existing borrowings.

On March 14, shares in SIA closed 3 cents higher or 0.47% up at S$6.42. /TISG

Read also: Singapore Airlines: Non-stop flights to London Gatwick coming soon

Featured image by Depositphotos

Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Relationships

SG woman asks why some men take offence at being rejected over finances: ‘Isn’t marriage the most important financial decision?’

SINGAPORE: In a query that has sparked discussion on Reddit, a Singaporean woman is asking why some men respond with hurt or indignation when women rule them out on the basis of “financial capabili...
Asia This Week

Sermorelin and GHRP-2 Synergy: The Research Landscape in Peptide Signaling

The expanding interest in peptide-based research has led to a closer examination of compounds that interact with endocrine signaling pathways. Among these, the combination of Sermorelin and GHRP-2...

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityIn the Hood
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks