HONG KONG: As Singapore Airlines Ltd (SIA) considers broadening its debt sources amid plans to spend S$30.1bil (US$22bil), some analysts are pointing to the likelihood of a shift to US dollar bonds and the higher borrowing costs that may entail.
Chief financial officer Stephen Barnes said on May 19 that the carrier is looking to raise funds in different currency bonds. “Frankly, we will want to diversify,” he said, without mentioning any specific currencies.
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