Singapore Airlines closes S$10billion equity and debt fund raising 

Singapore Airlines (SIA) announced today that it has raised S$10 billion of liquidity through its recent rights Issue, as well as a mix of secured and unsecured credit facilities. In a statement the carrier said that puts it on a “steady footing” as it tackles the challenges posed by the global Covid-19 outbreak. SIA secured S$8.8 billion in liquidity through the successful completion of the rights issue on 5 June 2020. A further S$900 million was raised through long term loans secured on some of SIA’s Airbus A350-900 and Boeing 787-10 aircraft. In addition SIA has also arranged new committed