HK's Airport Authority issues record HK$19bn multi-tranche bond amid strong demand

Airport Authority Hong Kong draws 2.9x subscription for its multi-tranche senior notes offering, underscoring resilient appetite for high-grade Hong Kong dollar debt; the airport's second runway will open in May.

The Airport Authority Hong Kong (AAHK) has priced a HK$19 billion ($2.42 billion) multi-tranche senior notes offering, marking a significant return to the local currency bond market with one of the largest deals of its kind.

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