Asia/Pacific

SIA issues bond

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SIA issues bond

Singapore Airlines (SIA) has issued a $500 million bond issuance, which forms part of its $2 billion multi-currency medium-term note programme launched in February. DBS Bank is the sole bookrunner. Joint Lead Managers are DBS, ANZ, OCBC and UOB.

The $500 million bonds were sold in two tranches - $200 million of seven-year bonds at 3.145% and $300 million of 10-year bonds at 3.75%.