Day: May 7, 2021

Singapore Airlines Raises Further S$2 Billion

(04 May 2021)
Singapore Airlines has completed sale-and-leaseback
transactions for eleven aircraft, comprising seven Airbus
A350-900s and four Boeing 787-10s, raising approximately S$2
billion (approximately US$1.5 billion) in total.

SIA has successfully raised approximately S$15.4
billion in fresh liquidity since 1 April 2020, including these
sale-and-leaseback transactions.

The amount also includes S$8.8
billion from SIA’s successful rights issue, S$2.1 billion from
secured financing, S$2.0 billion via the issuance of convertible
bonds and notes, as well as more than S$500 million through new
committed lines of credit and a short-term unsecured loan.

SIA continues to have access to more than

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