Singapore Airlines Limited announced that it has launched and priced USD 500 million in aggregate principal amount of 5.25% notes due 2034 comprised in Series 011 (the Notes). Citigroup Global Markets Singapore Pte. Ltd. (Citigroup) and DBS Bank Ltd. (DBS) are the joint global coordinators and Citigroup, DBS, The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch and J.P. Morgan Securities Asia Private Limited are the joint lead managers.

The Notes are being offered outside the United States in reliance on Regulation S under the United States Securities Act of 1933, as amended, and in Singapore to (i) institutional investors (as defined in Section 4A of the Securities and Futures Act 2001 of Singapore (the "SFA")) pursuant to Section 274 of the SFA and (ii) accredited investors (as defined in Section 4A of the SFA) pursuant to and in accordance with the conditions specified in Section 275 of the SFA and (where applicable) Regulation 3 of the Securities and Futures (Classes of Investors) Regulations 2018. The Notes will be issued at an issue price of 99.646 per cent. of their principal amount and in denominations of USD 200,000 and in higher integral multiples of USD 1,000.

The Notes will bear interest at a fixed rate of 5.25%. per annum payable semi-annually in arrear. The Notes are expected to be issued on 21 March 2024, subject to satisfaction of customary closing conditions, and are expected to mature on 21 March 2034 (the Maturity Date).