, Singapore
1242 views
Stock Photo

SIA prices $500m bond at 2.70% to fund fleet

It is leveraging its $10b multicurrency medium-term note programme for this sale.

Singapore Airlines Ltd. has priced $500m in 10-year fixed-rate notes at a 2.70% annual interest rate to be used for aircraft purchases, aircraft-related payments, refinancing existing borrowings and working capital. 

The company is tapping debt markets under its $10b multicurrency medium-term note programme.

The Series 012 notes are expected to be issued on 30 January 2026 and mature on 30 January 2036, with interest payable semi-annually in $250,000 denominations, the carrier said in a filing.

They are being offered to institutional and accredited investors in Singapore and internationally outside the United States under Regulation S.

DBS Bank Ltd., Oversea-Chinese Banking Corporation, United Overseas Bank Ltd. and Standard Chartered Bank (Singapore) are joint global coordinators and lead managers on the issuance.

The issuance follows Singapore Airlines’ strategy of tapping both local and international debt markets to secure long-term funding amid capital investments and refinancing need, according to the company announcement.

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.