03 Jan Hong Kong airport raises more than US$500 million in first local-currency bond offering, to fund third runway
Posted at 11:30h
in Asia
Airport Authority Hong Kong (AAHK), the operator of the city’s airport, has tapped the local public institutional bond market for the first time, pricing a HK$4 billion (US$512 million) senior offering to fund capital improvements including its third-runway project.Investors from sovereign wealth funds, asset managers,...