{"id":395441,"date":"2021-01-15T08:36:30","date_gmt":"2021-01-15T03:06:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=395441"},"modified":"2021-01-15T09:35:16","modified_gmt":"2021-01-15T04:05:16","slug":"singapore-airlines-raises-500-mn-in-dollar-debt-debut-to-buy-new-aircraft","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/singapore-airlines-raises-500-mn-in-dollar-debt-debut-to-buy-new-aircraft\/","title":{"rendered":"Singapore Airlines raises $500 mn in dollar debt debut to buy new aircraft"},"content":{"rendered":"<p>HONG KONG (Reuters) &#8211; Singapore Airlines has raised $500 million in its first U.S. dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a post-pandemic travel rebound.<\/p>\n<p>The transaction was finalised early Thursday and the price was set at U.S. treasuries plus 260 basis points, according to a statement from the airline. <\/p>\n<p>The size of the 5.5 year deal was finalised after bookrunners received bids above $2.85 billion and the bond carries a 3% coupon rate, the statement said. <\/p>\n<p>&#8220;The issuance further strengthens the company&#8217;s liquidity position and provides SIA with the financial flexibility to capture medium to long term growth beyond the Covid-19 pandemic,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG (Reuters) &#8211; Singapore Airlines has raised $500 million in its first U.S. dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a post-pandemic travel rebound. The transaction was finalised early Thursday and the price was set at U.S. treasuries plus 260 basis points, according to a statement from the airline. The size of the 5.5 year deal was finalised after bookrunners received bids above $2.85 billion and the bond carries a 3% coupon rate, the statement said. &#8220;The issuance further strengthens the company&#8217;s liquidity position and provides SIA [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-395441","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/395441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=395441"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/395441\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=395441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=395441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=395441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}