Hong Kong’s airport authority to launch US$640 million retail bond, its first in 20 years, to finance third runway

Hong Kong’s airport authority to launch US$640 million retail bond, its first in 20 years, to finance third runway

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This is only the third time the airport authority has issued retail bonds following issuances in 2002 and 2003. The offering comes after the authority raised HK$4 billion earlier this week from a 3.5-year bond sale to institutional investors. Airport Authority Hong Kong (AAHK) will raise up to…

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