THE Airport Authority Hong Kong has raised HK$4 billion ($511.82 million) in a 3.5-year bond that is its first public market Hong Kong dollar bond deal, the statutory body said in statement on Wednesday.
The coupon for the bond was set at 3.83%, compared with the initial price guidance given to potential investors of 4.2%, according to the term sheet that was seen by Reuters and an earlier term sheet sent by the deal's bookrunners.
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