Hong Kong Airport Raises $7 Billion in Multi-Currency Bond Sales
- Offerings were among largest such deals by a Hong Kong company
- Proceeds to be used for refinancing, capital expenditures
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The Airport Authority of Hong Kong sold around $7 billion of bonds in three currencies over the course of the week, in one of the largest multi-currency offerings by a Hong Kong company.
The Hong Kong government’s statutory body sold a three-tranche dollar bond that raised $4.15 billion. The 3.5-year, 5.5-year, and 10-year notes yield 4.75%, 4.875% and 5.125%, respectively, according to a person familiar with the matter.