|Bid||5.04 x 0|
|Ask||5.05 x 0|
|Day's Range||5.03 - 5.14|
|52 Week Range||4.05 - 5.78|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 04, 2021 - Nov 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 14, 2019|
|1y Target Est||4.59|
(Bloomberg) -- Singapore Airlines Ltd. became the first carrier to tap the debt market for dollars in 2022, raising funds at a discount to peers thanks to its government backing.Most Read from BloombergCannabis Compounds Prevented Covid Infection in Laboratory StudyFrequent Boosters Spur Warning on Immune ResponseSay Goodbye to Self-Isolating, WFH Mandates, Mass TestingEurope Slowly Starts to Consider Treating Covid Like the FluJ&J Vaccine Gets Additional Warning on Bleeding Side EffectThe flag
The seven-year notes, its second U.S. dollar bond offering, have a coupon of 3.375%. The Singapore government last month froze the sale of tickets for arriving flights under its quarantine-free travel programme for four weeks, citing the risk from the fast-spreading Omicron COVID-19 variant.
As the world hunkers down for Omicron, some investors might expect the global jet market to be withering away. Business has begun humming again as airlines look to snap up the greener passenger and freight planes they believe will give them an edge in a post-pandemic recovery driven by predicted travel demand plus the relentless rise of online shopping. On Wednesday, Singapore Airlines kicked off a trio of major decisions, with a tentative order https://www.reuters.com/business/aerospace-defense/singapore-airlines-provisional-deal-buy-seven-a350-freighters-2021-12-15 to replace its cargo fleet with a new A350 lightweight freighter offering from Airbus.