News: Singapore Airlines secures rescue funding to overcome Covid-19 downturn

by Natural Voice on March 28, 2020 in Breaking Travel News, Travel

Singapore Airlines will offer all shareholders S$5.3 billion in new equity and up to a further S$9.7 billion through a ten-year mandatory convertible bonds. Singapore Airlines has also arranged a S$4 billion bridge loan facility with DBS Bank.

from Breaking Travel News https://ift.tt/2wzRYIJ

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Saturday, March 28, 2020

News: Singapore Airlines secures rescue funding to overcome Covid-19 downturn

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