Singapore Airlines swoops into dollar market

By Morgan Davis
14 Jan 2021

Singapore Airlines made its debut in the dollar bond market on Wednesday, raising funds for new aircraft purchase as the travel industry prepares for a rebound in the near future.

The unrated borrower, which is majority owned by Singapore sovereign wealth fund Temasek, had never previously sold a US dollar bond, although it is a regular issuer in the Singapore dollar market. But this week, it saw an opportunity to raise US dollars to benefit from the market ...

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