SIA aims to raise up to US$750m in US bond deal—report

The airline confirmed it hired banks to explore a deal.

Singapore Airlines is reportedly aiming to raise US$500m to US$750m in a US dollar bond deal according to a report by Reuters.

The airline confirmed that it had hired Citigroup, Inc., DBS, BNP Paribas, and Standard Chartered to explore a deal, without commenting on the deal size.

Citi and DBS will lead the transaction whilst BNP Paribas and Standard Chartered will act as book-runners.

The deal is said to be classified as Reg S, meaning that bonds can only be purchased outside of the United States. If the deal proceeds, this will mark SIA’s second dollar bond issuance after its first one in January last year that raised US$500m.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

The growth was driven by the increase in services inflation.
A new range of collaborative social spaces will make up the structure. 
One measure is the removal of the clickable links in SMSes sent by the bank.
The increase represented increased considerations of 2.1% in cash and 5.8% in shares.
It achieved a 100% sellout in its apartment launches at Yanlord Arcadia.
The institutions will collaborate on payments innovation projects amongst others.
Keppel Corp had the most growth.
It got Asian Infrastructure Investment Bank as its investor.
This optimistic performance is expected to continue until March 2022.
The stock saw a contradicting rise of 51%, despite the STI observing a dip of 4.2% during the period. 
Along with this, the group recommends a green financing bank.
The SGX listed SPAC raised $23.4m from the offering.
They believe crypto's value will increase in the next five years.
ThaiBev had the most growth.