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Singapore Airlines to price S$850 million convertible bonds
By Abigail W. Adams
Portland, Me., Nov. 12 – Singapore Airlines Ltd. plans to price S$850 million convertible bonds on Nov. 12, according to a listing announcement.
HSBC (Singapore Branch) is the bookrunner for the Regulation S offering.
The bonds will be listed on the Singapore Exchange Securities Trading Ltd.
Proceeds will be used to fund operating cash flow, debt service and capital expenditures.
Singapore Airlines is a Singapore-based airline.
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