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SATS ( (SG:S58) ) has provided an update.
SATS Ltd. has issued S$300 million in fixed rate notes due in 2032 as part of its US$3 billion multicurrency debt issuance program. This move, facilitated by DBS Bank Ltd. and Oversea-Chinese Banking Corporation Limited, aims to strengthen SATS’ financial position and enhance its market competitiveness, with the notes expected to be listed on the Singapore Exchange.
The most recent analyst rating on (SG:S58) stock is a Buy with a S$4.26 price target. To see the full list of analyst forecasts on SATS stock, see the SG:S58 Stock Forecast page.
More about SATS
SATS Ltd. operates in the aviation services industry, providing a range of services including ground handling, catering, and other airport-related services. The company is focused on expanding its market presence through strategic financial initiatives.
Average Trading Volume: 4,113,954
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$4.74B
Find detailed analytics on S58 stock on TipRanks’ Stock Analysis page.