You are here

SIA mulling over possibility of raising funds in US$ bonds

Such a move may up borrowing costs for the carrier as it plans to spend S$30.1b in the next 5 years, mostly on planes

BT_20170525_SIA25_2902467.jpg
It would be challenging for SIA to issue in US dollars because international buyers wouldn't be as familiar with the carrier, says Todd Schubert, head of fixed-income research at Bank of Singapore.

Hong Kong

AS Singapore Airlines (SIA) Ltd considers broadening its debt sources amid plans to spend S$30.1 billion, some analysts are pointing to the likelihood of a shift to US-dollar bonds and the higher borrowing costs that may entail.

Chief financial officer Stephen Barnes said

sentifi.com

Market voices on:

Powered by GET.comGetCom