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SIA to adjust conversion prices of 1.625% convertible bonds due 2025 after interim dividend

Felicia Tan
Felicia Tan • 1 min read
SIA to adjust conversion prices of 1.625% convertible bonds due 2025 after interim dividend
SIA has about $849.75 million worth of convertible bonds as at Nov 26. Photo: Bloomberg
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Singapore Airlines (SIA) will adjust its conversion price of its 1.625% convertible bonds due 2025 to $4.8945 after it declared an interim dividend of 10 cents per share for the 1HFY2025 ended Sept 30.

The conversion price, which was adjusted from $4.9714 previously, will take effect from Nov 27. The record date for the interim dividend was at 5pm on Nov 26.

SIA has about $849.75 million worth of convertible bonds as at Nov 26.

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