fintech / news / / South China Morning Post
The offering reinforces the Hong Kong dollar’s position as a reliable funding currency.
Airport Authority Hong Kong's bond offering attracted over HK$55 billion in orders, a 2.9 times subscription rate.
KEY POINTS
- Three tranches were issued: three-year, five-year, and ten-year notes at 2.90%, 2.97%, and 3.38%.
- The proceeds will be used for refinancing debt, funding capital expenditure, and general purposes.
- S&P Global Ratings is expected to assign the notes an 'AA+' rating.
COMPANIES
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