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An announcement from SATS ( (SG:S58) ) is now available.
SATS Ltd. announced that its wholly-owned subsidiary, World Flight Services, Inc., has issued US$100 million in fixed rate notes due 2030 under its multicurrency debt issuance programme. This strategic financial move, coordinated by MUFG Securities EMEA plc, is part of SATS’ broader efforts to strengthen its financial position and support its operational capabilities, potentially impacting its market positioning and stakeholder interests.
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. is a company operating in the aviation services industry, primarily providing gateway services and food solutions. The company focuses on enhancing the travel experience and operational efficiency at airports, with a significant market presence in Asia.
YTD Price Performance: -17.58%
Average Trading Volume: 5,010,231
Technical Sentiment Signal: Sell
Current Market Cap: S$4.46B
For an in-depth examination of S58 stock, go to TipRanks’ Overview page.