Asia/Pacific

SIA to raise S$6.2bn via mandatory convertible bonds; posts loss

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SIA to raise S$6.2bn via mandatory convertible bonds; posts loss

Singapore Airlines (SIA) is proposing to issue the second tranche of Mandatory Convertible Bonds (Rights 2021 MCBs), which will raise approximately S$6.2 billion in additional liquidity. Shareholders can participate in the recovery and future growth of the SIA Group by subscribing to the Rights 2021...

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