S$6.2b from mandatory convertible bonds will last SIA well into FY2022/23

S$6.2b from mandatory convertible bonds will last SIA well into FY2022/23

Singapore Airlines has said it has enough money to keep flying through to early 2023. This is thanks to the S$6.2 billion it is raising from mandatory convertible bonds and existing cash reserves. SIA reported a record loss last month after being hit hard by the COVID-19 pandemic.

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