HONG KONG (Reuters): The operator of Hong Kong’s main airport is aiming to raise as much as US$1.5 billion via bond issuance to help fund the construction of a third runway, two sources with direct knowledge of the matter said.
Calls with investors started on Wednesday (Jan 27) for the Airport Authority Hong Kong deal which consists of 10-year and 30-year US dollar denominated unsecured notes, a term sheet showed.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!