Singapore Airlines prices S$668.9m notes at 5.25%

Fixed interest is paid semi-annually per annum.

Singapore Airlines has launched and priced S$668.9m (US$500M) worth of its notes at 5.25% due 2034 to institutional and accredited investors in Singapore.

The notes’ issue price is 99.65% of its principal amount, in denominations of more than half of three hundred thousand Singapore dollars.

ALSO READ: Singapore Airlines and Shangri-La lead YouGov’s 2024 Women’s Ranking in the travel category

The issuance date will be on 21 March 2024, subject to satisfaction of customary closing conditions. The notes are expected to mature on 21 March 2034.

Net proceeds from the issue will be used by the company for aircraft purchases, aircraft-related payments, and general corporate or working capital purposes which includes refinancing of the company’s existing borrowings.

Follow the link for more news on

Singapore Airlines

Singapore

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia