Singapore Airlines to Issue S$700 Million Notes Due 2027

By Joanne ChiuFeaturesDow Jones Newswires

Singapore Airlines Ltd. (C6L.SG) plans to issue 700 million Singapore dollars (US$513.7 million) worth of notes due 2027 on August 23 for working capital.

The Singapore premium carrier said after markets closed Monday that the proposed notes are priced with a fixed interest rate of 3.13%. DBS Bank Ltd., Standard Chartered Bank and The Hongkong and Shanghai Banking Corp. are the joint lead managers of the deal.

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(END) Dow Jones Newswires

August 14, 2017 20:23 ET (00:23 GMT)