By Marisa Wong
Morgantown, W.Va., Oct. 18 – Singapore Airlines Ltd. announced it priced S$600 million of five-year notes at par to yield 3.16%.
DBS Bank Ltd., Oversea-Chinese Banking Corp. Ltd. and United Overseas Bank Ltd. are the joint lead managers.
The series 007 notes will be issued under the airline’s S$5 billion multicurrency medium-term note program.
The flag carrier of Singapore plans to use proceeds to purchase aircraft and to make aircraft related payments.
| Issuer: | Singapore Airlines Ltd.
|
| Issue: | Medium-term notes, series 007
|
| Amount: | S$600 million
|
| Maturity: | Oct. 25, 2023
|
| Managers: | DBS Bank Ltd., Oversea-Chinese Banking Corp. Ltd. and United Overseas Bank Ltd.
|
| Coupon: | 3.16%
|
| Price: | Par
|
| Yield: | 3.16%
|
| Pricing date: | Oct. 18
|
| Settlement date: | Oct. 25
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
