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Singapore Airlines Zero Coupon Mandatory Convertible Bonds Fully Redeemed

Singapore Airlines said that the SG$6.20 billion worth zero coupon mandatory convertible bonds were fully redeemed by the company, according to a filing with the Singapore Exchange on Monday.The remaining SG$1.55 billion of the gross proceeds of SG$6.20 billion raised from the issue of the rights has been applied towards the redemption of the rights MCBs.Following the redemption, the rights MCBs will be cancelled.

Singapore Airlines Zero Coupon Mandatory Convertible Bonds Fully Redeemed

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Rsstiget
·06-26
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