By Marisa Wong
Morgantown, W.Va., Aug. 14 – Singapore Airlines Ltd. announced it priced S$700 million of 10-year notes at par to yield 3.13%.
DBS Bank Ltd., Standard Chartered Bank and Hongkong and Shanghai Banking Corp. Ltd. are the joint lead managers.
The series 006 notes will be issued under the airline’s S$5 billion multicurrency medium-term note program.
The flag carrier of Singapore plans to use the proceeds for general corporate or working capital purposes.
| Issuer: | Singapore Airlines Ltd.
|
| Issue: | Medium-term notes, series 006
|
| Amount: | S$700 million
|
| Maturity: | Aug. 23, 2027
|
| Managers: | DBS Bank Ltd., Standard Chartered Bank and Hongkong and Shanghai Banking Corp. Ltd.
|
| Coupon: | 3.13%
|
| Price: | Par
|
| Yield: | 3.13%
|
| Pricing date: | Aug. 14
|
| Settlement date: | Aug. 23
|
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