You are here

SIA seeks S$8.8b in rights issue of shares and bonds

nz_sia_270321.jpg
Singapore Airlines has proposed a massive cash call comprising a 3-for-2 rights issue of shares and a convertible bond issue to raise a combined S$8.8 billion - fully underwritten by Temasek - as carriers around the world head for a financial crash landing.

Singapore

SINGAPORE Airlines has proposed a massive cash call comprising a 3-for-2 rights issue of shares and a convertible bond issue to raise a combined S$8.8 billion - fully underwritten by Temasek - as carriers around the world head for a financial crash landing.

In a late...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes