By Marisa Wong
Morgantown, W.Va., Nov. 10 – Singapore Airlines Ltd. announced it increased the issue size of its 10-year notes to S$430 million.
On Tuesday the company priced S$300 million of the notes at par to yield 3.13%.
DBS Bank Ltd. is the dealer.
The series 004 notes will be issued under the airline’s S$2 billion multicurrency medium-term note program.
Proceeds will be used for general corporate or working capital purposes.
| Issuer: | Singapore Airlines Ltd.
|
| Issue: | Medium-term notes, series 004
|
| Amount: | S$430 million, increased from S$300 million
|
| Maturity: | Nov. 17, 2026
|
| Dealer: | DBS Bank Ltd.
|
| Coupon: | 3.13%
|
| Price: | Par
|
| Yield: | 3.13%
|
| Pricing date: | Nov. 8
|
| Upsized: | Nov. 10
|
| Settlement date: | Nov. 17
|
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