SINGAPORE: Singapore Airlines Ltd has raised US$600mil (RM2.5bil) in a US dollar bond deal to help fund aircraft purchases and repay existing borrowings as it grapples with lower travel demand amid rising Omicron infections.
The seven-year notes, its second US dollar bond offering, have a coupon of 3.375%. A year ago, it raised US$500mil (RM2.08bil) in a five-year issue with a 3% coupon.
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