The notes will bear interest at a fixed rate of 3.375% per annum, payable semi-annually in arrear.
The notes will be issued on Jan 19, and will mature on Jan 19, 2029.
Net proceeds from the issue of the notes will be used by SIA to purchase aircraft and to make aircraft-related payments, as well as general corporate or working capital purposes.
The notes are being offered outside the US due to Regulation S under the US Securities Act, and in Singapore under the Securities and Futures Act (SFA).
Citigroup and DBS were appointed the joint global coordinators; Citigroup, DBS, Standard Chartered Bank and BNP Paribas were appointed joint lead managers for the issuance of the notes.
Shares in SIA closed 3 cents lower or 0.59% down at $5.02 on Jan 12.
Photo: SIA
