Near Woodlands Checkpoint
Saturday, 23 March 2019
Thursday, 21 March 2019
SIA Retail Bond 2019 - To buy or not to buy
Singapore Airlines will be releasing S$500 million worth of bonds
S$300 million to the public and the rest to institutional investors.
Should the SIA Retail Bond 2019 be oversubscribed, they will extend the tranche to up to S$750 million.
Personal opinion: Not worth the risk.
S$300 million to the public and the rest to institutional investors.
Should the SIA Retail Bond 2019 be oversubscribed, they will extend the tranche to up to S$750 million.
Coupon Rate | 3.03% p.a. |
Tenor/ Duration | 5 years |
Coupon Payment | Semi-annually |
Application Fee | S$2 |
Min. Amount | S$1,000 and in multiples of S$1,000 thereof |
Issue Date | 28 March 2019 |
Maturity Date | 28 March 2024, or earlier if sold in the secondary market on SGX |
Application Period | Opens: 20 Mar 2019 (Wed), 9am Closes: 26 Mar 2019 (Tue), 12pm |
Public Offer | S$300 million |
Bond Type | Unsecured Bond |
Use of CPF/ SRS Funds | Not applicable |
Personal opinion: Not worth the risk.
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