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MAY 2021

Week 19

News

Cathay Pacific Group proceeds with US$ denominated bond offering

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May 10th 2021

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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.

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