Singapore Airlines aims to raise up to $1.15b in US bond deal: Sources
Singapore Airlines is aiming to raise US$500m to US$750m in a US dollar bond deal, according to two sources with direct knowledge of the matter. The airline has mandated banks to work on the transaction and will start briefings with investors about the deal on Tuesday, a term sheet seen by Reuters showed. Citigroup and DBS are leading the transaction, with BNP Paribas and Standard Chartered as book runners, the term sheet showed. The deal is classified as Reg S, which means the bonds can only be purchased by investors outside of the United States.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2022-01-11/star/singapore-airlines-aims-to-raise-up-to-1-15b-in-us-bond-deal-sources
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Singapore Airlines aims to raise up to $1.15b in US bond deal: Sources
Singapore Airlines is aiming to raise US$500m to US$750m in a US dollar bond deal, according to two sources with direct knowledge of the matter. The airline has mandated banks to work on the transaction and will start briefings with investors about the deal on Tuesday, a term sheet seen by Reuters showed. Citigroup and DBS are leading the transaction, with BNP Paribas and Standard Chartered as book runners, the term sheet showed. The deal is classified as Reg S, which means the bonds can only be purchased by investors outside of the United States.<br/>
