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Published on 10/3/2016 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Tiger Airways calls all S$219.67 million 2% perpetual convertibles

By Marisa Wong

Morgantown, W.Va., Oct. 3 – Tiger Airways Holdings Ltd. gave notice that it will redeem its outstanding S$219,674,989 2% perpetual convertible capital securities in full on Nov. 7.

The securities will be redeemed at par of S$1.07 per security with accrued distributions from Oct. 22 to Nov. 7.

The record date is Oct. 31.

Perpetual (Asia) Ltd. is the trustee.

The airline is based in Singapore.


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