Here are some interesting corporate snippets for this week.

Singapore Airlines Limited (SGX: C6L)

Meanwhile, another blue-chip company, Singapore Airlines Limited, or SIA, is raising money through the issuance of notes.

As part of its S$10 billion multicurrency medium term note programme, SIA is issuing US$600 million worth of notes that are priced at 3.375% per annum.

These notes will be due on 19 January 2029 and pay semi-annual coupons.

Net proceeds from the notes will be used by the airline for aircraft purchases and aircraft-related expenses, as well as for general working capital purposes.

SIA reported that demand for the bonds was healthy, with order book exceeding US$1.2 billion, more than double the face value of the bonds.

Inclusive of this notes issuance, the airline would have raised close to US$22.4 billion in liquidity since the onset of the pandemic.

Special purpose acquisition companies

We first wrote on special purpose acquisition companies, or SPACs, back in late September last year.