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Singapore Airlines (SIA) will offer all shareholders SGD 5.3 billion (USD 3.71 billion) in new equity and up to a further SGD 9.7 billion (USD 6.79 billion) through ten-year mandatory convertible bonds. Both will be offered on a pro-rata basis via a rights issue, and both issuances will be treated as equity in the company’s […]
The post SIA secures rescue funding to overcome Covid-19 downturn appeared first on Travel Daily.
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