Singapore Airlines aims to raise US$500mil-US$750mil in U.S. bond deal

A Singapore Airlines Airbus A380 plane is parked on the tarmac at Changi International Airport in Singapore on October 24, 2020. (Photo by ROSLAN RAHMAN / AFP)

SYDNEY: Singapore Airlines is aiming to raise $500 million to $750 million in a U.S. dollar bond deal, two sources with direct knowledge of the matter told Reuters on condition of anonymity as the information was not yet public.

Singapore Airlines confirmed it had hired banks to explore a deal, without commenting on its potential size.