Airport Authority Hong Kong, which operates the city’s airport, on Wednesday launched the first ever US-dollar perpetual bond by an airport globally. Photo: EPA-EFE
Airport Authority Hong Kong, which operates the city’s airport, on Wednesday launched the first ever US-dollar perpetual bond by an airport globally. Photo: EPA-EFE

Hong Kong airport’s US$1.5 billion bond oversold by 10 times as investors clamour to bet on post Covid-19 travel recovery

  • Perpetual securities diversify funding during pandemic without diluting government equity ownership
  • Investors’ demand for the highly rated debt issue peaked at over US$15 billion

Topic |   Hong Kong International Airport
Airport Authority Hong Kong, which operates the city’s airport, on Wednesday launched the first ever US-dollar perpetual bond by an airport globally. Photo: EPA-EFE
Airport Authority Hong Kong, which operates the city’s airport, on Wednesday launched the first ever US-dollar perpetual bond by an airport globally. Photo: EPA-EFE
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