SIA establishes S$2 bil medium term bond programme

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SINGAPORE (Mar 14): Singapore Airlines has established a S$2 billion medium term bond programme.

The city-state’s flagship carrier says net proceeds from the programme will be used to refinance existing borrowings, finance investments and fixed assets as well as goes towards general working capital purposes.

DBS Bank has been appointed arranger of the bond programme while DBS Bank, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) have been appointed dealers.

SIA says the bonds may be issued in...(click on link for full story on