Establishment of S$2 billion medium term bond programme and issue of S$750 million bonds by Singapore Airlines Limited
Allen & Gledhill advised Singapore Airlines Limited (“Singapore Airlines”) on the establishment of a S$2 billion medium term bond programme (“Programme”) and its issue of S$750 million 3.03 per cent. bonds due 2024 (“Bonds”) under the Programme.
DBS Bank Ltd. (“DBS”) was appointed arranger and dealer of the Programme and global coordinator for the Bonds.
Oversea-Chinese Banking Corporation Limited (“OCBC”) and United Overseas Bank Limited (“UOB”) were appointed dealers of the Programme.
DBS, OCBC and UOB were appointed joint lead managers and bookrunners for the Bonds.
Advising Singapore Airlines were Allen & Gledhill Partners Margaret Chin and Fabian Tan.
Advising Singapore Airlines on tax issues was Allen & Gledhill Partner Sunit Chhabra.
