Asia/Pacific

SIA mulls new bond issuance

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SIA mulls new bond issuance

Singapore Airlines (SIA) is reported to be working on a new US dollar bond issuance with the goal of raising between US$500 million to US$750 million.

Reuters reports that the airline has begun to brief investors with Citigroup and DBS leading the transaction, with BNP Paribas and Standard Chartered as book runners.