SATS Unit Issues $100 Million Worth of Bonds; Shares Up 1%

MT Newswires

2025/06/24

SATS' (SGX:S58) subsidiary, World Flight Services, issued $100 million in aggregate principal amount of 4.648% fixed rates bonds due 2030, according to a filing with the Singapore Exchange on Monday.

The bonds were issued on Monday under the company's $3 billion multicurrency debt issuance program.

MUFG Securities EMEA was appointed as the sole coordinator for the issuance.

Shares of the company were up over 1% in recent Tuesday trade.

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