SIA issues $700m notes due 2027

It will bear a 3.13% interest rate.

Singapore Airlines launched and priced $700m in aggregate principal amount of 3.13%. The notes due 2027 comprised in Series 006.

According to the group, DBS Bank Ltd., Standard Chartered Bank and The Hongkong and Shanghai Banking Corporation Limited are the joint lead managers.

The notes will be issued at an issue price of 100% of their principal amount and in denominations of $250,000.

"The notes will bear interest at a fixed rate of 3.13% per annum payable semiannually in arrear. The notes are expected to be issued on 23 August 2017, subject to satisfaction of customary closing conditions, and are expected to mature on 23 August 2027," SIA noted.

The proceeds from the issue of notes will be used by SIA r for general corporate and working capital purposes.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

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