01 Feb Hong Kong airport authority’s US$640 million retail bonds to fund new runway prove popular with investors in boost for city’s aviation hub ambitions
Posted at 09:42h
in Asia
Airport Authority Hong Kong’s (AAHK) HK$5 billion (US$640 million) retail bonds, the first for the general public by the city’s airport operator in 20 years, received overwhelming response from investors.The 4.5 per cent, 2.5-year bonds were oversubscribed more than three times, logging HK$15.69 billion from...