POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : MODERATE ISIN: XS2405871570
SIASP 3.375% 19Jan2029 Corp (USD)
SINGAPORE AIRLINES LIMITED
Indicative Bid Price
96.621
Bid Yield to Maturity
4.790%
Bid Yield to Call
4.884%
Min. Investment (Nominal)
200000
Indicative Ask Price
96.767
Ask Yield to Maturity
4.728%
Ask Yield to Call
4.818%
Next Call Date
18 Nov 2028
Credit Rating (Bond)
N.R
No Rating
Seniority
Senior Unsecured
Investor Profile
 Stable Income Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to CallAsk Yield to CallBid Yield to MaturityAsk Yield to Maturity26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun15. Jun17. Jun19. Jun21. Jun23. Jun4.54.64.74.84.95fundsupermart.com
Bond Information
Singapore Airlines Limited provides air transportation, engineering, pilot training, air charter, and tour wholesaling services. The Company's airline operation covers Asia, Europe, the Americas, South West Pacific, and Africa.
Bond Issuer
Singapore Airlines Limited
Guarantor
-
Announcement Date
11 Jan 2022
Issue Date
18 Jan 2022
Maturity Date / Next Call Date
18 Jan 2029 / 18 Nov 2028
Years to Maturity / Next Call
2.571 / 2.404
Issue/Reoffer Price
99.273
Issue/Reoffer Yield
3.493
Coupon Type
Fixed
Annual Coupon Rate (%)
3.375
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
XS2405871570
CUSIP
BT4847609
Bond Currency
USD
Total Issue Size
USD 600,000,000
Minimum Investment Quantity (Nominal)
USD 200,000
Incremental Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Industrials
Bond Sub Sector
Airlines
Issuer Credit Rating (S&P/ Fitch)
***/N.R
Bond Credit Rating (S&P/ Fitch)
***/N.R
Shariah Compliant
No
W-8BEN Declaration needed
No
Bond Feature(s)
If so provided hereon, the Company may, on giving irrevocable notice to the Noteholders falling within the Company’s Redemption Option Period shown on the face hereof, redeem all or, if so provided, some of the Notes at their Redemption Amount or integral multiples thereof and on the date or dates so provided. Any such redemption of Notes shall be at their Redemption Amount, together with interest accrued to the date fixed for redemption.

Company's Redemption Option: Company's Redemption Option Period (Condition 7(d)):

Yes, in respect of all or some of the Notes.

At any time on or after 19 November 2028 (being the date falling two (2) months prior to the Maturity Date) at the Redemption Amount Notice period of not less than 15 days and not more than 30 days
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (CALL)
ASK YIELD (MATURITY)
23 Jun 202696.62196.7674.8184.728
22 Jun 202696.62796.7754.8134.723
21 Jun 202696.58096.6814.8544.762
18 Jun 202696.65196.8044.7964.708
17 Jun 202696.68796.8374.7804.692
16 Jun 202696.94797.0994.6574.577
15 Jun 202696.91297.0644.6714.591
14 Jun 202696.96797.1214.6444.566
11 Jun 202696.83496.9774.7084.625
10 Jun 202696.70596.8484.7644.678
Total of 65 entries
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FSM Global strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating

There are no credit rating changes for this bond for the past 3 years.

Related Documents
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Pricing Supplement
US$600,000,000 3.375 per cent. Notes due 2029. The date of this Pricing Supplement is 12 January 2022.
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Offering Circular
S$10,000,000,000 Multi-currency Medium Term Note Programme. The date of this Information Memorandum is 16 November 2020.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
SIASP 5.250% 21Mar2034 Corp (USD)

Singapore Airlines Limited

 20 Jan 2034
(Next Call Date)		 101.800 4.961% p.a. ***/N.R
TRANSACT
SIASP 3.500% 02Dec2030 Corp (SGD)

Singapore Airlines Limited

 01 Dec 2030 105.117 2.280% p.a. ***/N.R
TRANSACT
SIASP 3.130% 23Aug2027 Corp (SGD)

Singapore Airlines Limited

 22 Aug 2027 101.686 1.659% p.a. ***/N.R
TRANSACT
SIASP 3.130% 17Nov2026 Corp (SGD)

Singapore Airlines Limited

 16 Nov 2026 100.673 1.396% p.a. ***/N.R
TRANSACT
SIASP 3.000% 20Jul2026 Corp (USD)

Singapore Airlines Limited

 19 Jul 2026 99.944 3.793% p.a. ***/N.R
TRANSACT
SIASP 2.700% 30Jan2036 Corp (SGD)

Singapore Airlines Limited

 29 Oct 2035
(Next Call Date)		 101.000 2.579% p.a. ***/N.R
TRANSACT
SIASP 2.380% 30Jun2031 Corp (CNH)

Singapore Airlines Limited

 29 May 2031
(Next Call Date)		 100.833 2.200% p.a. ***/N.R
TRANSACT
Total of 7 entries
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FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
EDIT
Est. Payable Amount
USD 197,447.00
Years to Call
2 years 4+ months
Est. Total Income
USD 19,125.00
Yield to Call
4.442%
Indicative Cash Flow
Nominal Value
USD 200,000.00
  • 2028
    Nov
    Coupon
    USD 2,250.00
    Early Redemption
    USD 200,000.00
  • Jul
    Coupon
    USD 3,375.00
  • Jan
    Coupon
    USD 3,375.00
  • 2027
    Jul
    Coupon
    USD 3,375.00
  • Jan
    Coupon
    USD 3,375.00
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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