17-09-2021, 04:42 PM
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Singapore Airlines uses up last S$600m of S$8.8b from 2020 rights issue
17-09-2021, 04:43 PM
SINGAPORE Airlines (SIA) on Thursday said that it has exhausted the S$8.8 billion in gross proceeds raised from its rights issue in June last year, with the last S$0.6 billion having been used for aircraft and aircraft-related payments between July 1 and Sept 1.
In a filing to the Singapore Exchange, the flag carrier said that the net proceeds of S$6.2 billion from the issuance of additional mandatory convertible bonds (MCBs) in June this year had yet to be utilised as of Thursday.
SIA said it has also raised S$21.6 billion in fresh liquidity since April 1, 2020. The group added that in addition to the cash on hand, it continues to retain access to S$2.1 billion of committed lines of credit that are currently undrawn.
In a filing to the Singapore Exchange, the flag carrier said that the net proceeds of S$6.2 billion from the issuance of additional mandatory convertible bonds (MCBs) in June this year had yet to be utilised as of Thursday.
SIA said it has also raised S$21.6 billion in fresh liquidity since April 1, 2020. The group added that in addition to the cash on hand, it continues to retain access to S$2.1 billion of committed lines of credit that are currently undrawn.
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17-09-2021, 05:18 PM
Now left MCB bond money ...border have not open yet ,still eat ownself money!
17-09-2021, 05:43 PM
Wow $8.8B used up.....another rights issue?
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
17-09-2021, 05:48 PM
Now many are still blinded by high inflation and cost of living is good.Its only good to those corrupted ppl.
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