Singapore Airlines receives regulator's approval for issuance of convertible bonds due 2025

Singapore Airlines receives regulator's approval for issuance of convertible bonds due 2025
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SINGAPORE (Dec 1): Singapore Airlines (SIA) received the in-principle approval of the Singapore Exchange Securities Trading Ltd (SGX-ST) for the dealing in and quotation for S$850 million of convertible bonds into new shares today.

The airline also received the regulator’s approval for up to 148 million new shares to be issued following the full conversion of the convertible bonds.

The approvals came after the airline met several conditions ... (click on link for full story on theedgesingapore.com).