Singapore hopes for infra debt boom with guarantees

The Lion City hopes to attract international debt investors with a mix of guarantee-backed and sovereign infra debt as it looks to fund a major expansion of Changi Airport.
Singapore's Changi Airport will be extended, partly with debt financing.
Singapore's Changi Airport will be extended, partly with debt financing.

In a move that could inject fresh energy into the Lion City's debt market and be studied elsewhere, the Singapore government is hoping debt guarantees will help it attract international funding for its infrastructure development, starting with its flagship Changi East project.

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