A general view of the construction work under way at Hong Kong’s airport at Chek Lap Kok on 5 November 2015. Photo: SCMP A general view of the construction work under way at Hong Kong’s airport at Chek Lap Kok on 5 November 2015. Photo: SCMP
A general view of the construction work under way at Hong Kong’s airport at Chek Lap Kok on 5 November 2015. Photo: SCMP

Hong Kong’s Airport Authority in talks with banks for US$2.6 billion loan to fund construction of third runway

  • The five-year facility, which is also meant for general corporate purposes, offers an interest margin of 72 basis points over the Hong Kong interbank offered rate, according to people familiar with the matter
  • Hong Kong Airport Authority also announced a HK$2 billion relief package for the aviation sector, taking the total to HK$4.6 billion in four rounds so far

Topic |   Banking & Finance
A general view of the construction work under way at Hong Kong’s airport at Chek Lap Kok on 5 November 2015. Photo: SCMP A general view of the construction work under way at Hong Kong’s airport at Chek Lap Kok on 5 November 2015. Photo: SCMP
A general view of the construction work under way at Hong Kong’s airport at Chek Lap Kok on 5 November 2015. Photo: SCMP
READ FULL ARTICLE