News
Cathay Pacific Group proceeds with US$ denominated bond offering
May 10th 2021
Cathay Pacific Group has launched a US$ denominated bond offer featuring senior unsecured notes with a term of five and a quarter years and a coupon rate of 5.2%, Reuters news agency reported, citing a term sheet it had sighted. Read More » It was the airline group's first US$ denominated bond issue in 25 years. The term sheet did not specify the amount the company was seeking to raise, Reuters said.