News
Hong Kong Airport retail bonds debut on stock exchange
February 7th 2024
Hong Kong International (HKIA) retail bonds have made their listing debut on the Hong Kong Stock Exchange (HKSE). Read More » The HK$5 billion (US$639 million) in retail bonds, which have a term of 2.5 years and an interest rate of 4.25%, were heavily oversubscribed with 175,178 valid applications, at a value of HK$15.7 billion, lodged. The support of the Hong Kong Special Administrative Region (HKSAR) government and institutions has led to a successful launch of HKIA retail bonds,” Airport Authority Hong Kong chair, Jack So, said. “HKIA is one of the major infrastructures of Hong Kong. The issuance of HKIA retail bonds allows the general public to participate in the three runway system development project. We are pleased to see the overwhelming response.” So was speaking alongside government members and AAHK CEO, Fred Lam, at a HKSE ceremony marking the listing.
PAQUETA GRACE says:
February 8th 2024 05:46am