News
Cathay completes HK$2 billion raising from public bond markets
April 27th 2026
Cathay Pacific has raised HK$2.08 billion (US$260 million) from the Hong Kong dollar public bond market. Read More » The airline group said the completion of the capital raising represented both the company’s first issuance in the Hong Kong dollar bond market and the largest Hong Kong dollar public bond issuance by a Hong Kong-based non-public sector company. It added the three-year bonds, which have a coupon rate of 3.78%, attracted strong demand from professional investors. "Announcing our first ever Hong Kong dollar public bond is a reflection of our continued commitment to our home city, Hong Kong," Cathay chief financial officer, Rebecca Sharpe, said. "By participating in and supporting the development of its financial markets, we’re playing a part in reinforcing Hong Kong’s position as a leading international financial centre." The proceeds raised will be used for working capital and general corporate purposes.
