Saturday 28 March 2020

Singapore Airlines secures rescue funding to overcome Covid-19 downturn

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. Both will be offered on a pro-rata basis via a rights issue, and both issuances will […]

from CPP-LUXURY https://cpp-luxury.com/singapore-airlines-secures-rescue-funding-to-overcome-covid-19-downturn/
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