Singapore Airlines plans debut 5-year dim sum bond

Why Is Singapore Airlines Borrowing in Yuan? The Answer Could Reshape How Airlines Raise Money - Commonwealth Union

Singapore Airlines plans to enter the offshore yuan bond market with a five-year bond as part of its strategy to expand its sources of financing beyond traditional borrowings in both dollars and Singapore dollars. As indicated in the mandate sheet from Reuters, Singapore Airlines has retained Bank of China, DBS, HSBC and Standard Chartered to facilitate this transaction through global investor calls starting later today with a possible conclusio…

Singapore Airlines plans debut 5-year dim sum bond

Proceeds will be used for aircraft purchases and related payments Read more at The Business Times.