Singapore Airlines readies 10-year dollar bond issuance, term sheet shows [Yahoo! Finance]
SINGAPORE AIRLNS UNSP/ADR (SINGY)
NASDAQ:AMEX Investor Relations:
singaporeair.com/en_uk/sg/about-us/information-for-investors
Company Research
Source: Yahoo! Finance
Treasuries plus 110 basis points, according to a term sheet seen by Reuters on Thursday. Initial price guidance for the deal has been set at the 10-year U.S. Treasury rate plus 150 basis points, a separate term sheet seen by Reuters earlier on Thursday showed. "We think this new issue is fairly priced relative to other outstanding U.S. dollar bonds from SIA," Cyrus Ng, a research analyst at Bondsupermart, wrote in a note on Thursday. "Investors who are looking for a longer-dated bond (10-year) may find this bond interesting considering the general lack of longer-tenor bonds within the airline industry," he added. Orders reached over $4.5 billion, according to a book message sent by the deal's bankers. Proceeds will be used for aircraft purchases and aircraft related payments, general corporate or working capital purposes, including refinancing of existing borrowings, according to the term sheet. "At this juncture, a 10-year U.S. dollar bond issuance looks attractive," a Si
Show less
Read more
Impact Snapshot
Event Time:
SINGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SINGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SINGY alerts
High impacting SINGAPORE AIRLNS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SINGY
News
- 5 Most Expensive Airlines in the World [Yahoo! Finance Canada]Yahoo! Finance Canada
- 5 Most Expensive Airlines in the World [Yahoo! Finance]Yahoo! Finance
- Singapore Airlines Taps WebCargo by Freightos to Expand Booking Options in Asia-Pacific's Busiest Hubs [Yahoo! Finance]Yahoo! Finance
- Singapore Airlines pays for couple's 'mental agony' after their business class seats broke [USA TODAY]USA TODAY
- Singapore Airlines was ordered to pay a couple compensation for 'mental agony' after they complained their business-class seats didn't automatically recline [Business Insider]Business Insider