SIA bonds offering is now public. Singapore Airlines announced bonds worth s$50 million for the public yesterday.
SIA announced about the offer of s$300,000,000 in aggregate principal amount of 2.15 per cent. Bonds due 2015, to
Be issued by singapore airlines limited, by way of:
(a) an offer of s$50,000,000 in principal amount of bonds at the issue price of 100
Per cent. To the public in singapore through electronic applications (as defined
Herein) (the “public offerâ€); and
(b) an offer of s$250,000,000 in principal amount of bonds at the issue price of 100 per
Cent. To institutional and other investors (the “placementâ€).
The Issue Price of the Bonds is S$1 per S$1 in principal amount of the Bonds (being 100 per cent. of the principal
amount of the Bonds). If the Bonds offered under the Public Offer are oversubscribed, the Issuer may, at its discretion
and in consultation with DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and United Overseas
Bank Limited as the co-ordinating bookrunners of the Offer (the “Co-ordinating Bookrunnersâ€), re-allocate up to
S$100,000,000 in aggregate principal amount of the Bonds from the Placement to the Public Offer to satisfy such
excess demand under the Public Offer.
Applications under the Public Offer and the Placement may only be submitted during the time periods described
below (or such other time periods as the Issuer at its discretion may, with the approval of the SGX-ST (if required) and
the agreement of the relevant Underwriters, decide).
Opening dates and times for Public Offer via ATMs is 22 September 2010 at 9.00 a.m. while Closing dates and times is
28 September 2010 at 12.00 noon. For placement it is 21 September 2010 at 12.00 noon and closing time is 28 September 2010 at 12.00 noon.
