Cathay Pacific’s bond sale will help keep planes in the air during the coronavirus pandemic. Photo: Shutterstock Cathay Pacific’s bond sale will help keep planes in the air during the coronavirus pandemic. Photo: Shutterstock
Cathay Pacific’s bond sale will help keep planes in the air during the coronavirus pandemic. Photo: Shutterstock
Cathay Pacific

Cathay Pacific raises US$650 million in first US-dollar bond sale in 27 years to fuel survival amid global air travel slump

  • Hong Kong’s flag carrier raised US$650 million by selling a bond yielding 4.875 per cent, tighter than its initial price guidance of 5.20 per cent
  • Airlines have sold a record US$21 billion worth of bonds so far this year as they grapple with the standstill in global travel

Topic |   Cathay Pacific
Cathay Pacific’s bond sale will help keep planes in the air during the coronavirus pandemic. Photo: Shutterstock Cathay Pacific’s bond sale will help keep planes in the air during the coronavirus pandemic. Photo: Shutterstock
Cathay Pacific’s bond sale will help keep planes in the air during the coronavirus pandemic. Photo: Shutterstock
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