Hong Kong airport's US$1.5 billion bond oversold by 10 times as investors clamour to bet on post Covid-19 travel recovery

Airport Authority Hong Kong (AAHK), the operator of the city's airport, said on Wednesday that it has raised US$1.5 billion by selling perpetual debt to help fund the completion of its mega third-runway project.Investors from sovereign wealth funds to insurance companies clamoured to participate in the sale and the deal's order book peaked at over US$15 billion. In the end, 280 investors across Asia and Europe took part in the transaction, driven by the belief that the pandemic is a temporary…

Hong Kong airport's US$1.5 billion bond oversold by 10 times as investors clamour to bet on post Covid-19 travel recovery
South China Morning Post

Wed, 02 Dec 2020 19:03:59 +0800 Source:
Hong Kong airport's US$1.5 billion bond oversold by 10 times as investors clamour to bet on post Covid-19 travel recovery

South China Morning Post

66 news during 24h before Wed, 02 Dec 2020 19:03:59 +0800

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Hong Kong to raise fine for breaking social-distancing rules to HK$10,000, as city faces 103 new coronavirus cases

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South China Morning Post

Hong Kong is to raise the fine for people who break its social-distancing rules ...
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Coronavirus: Japan to make vaccines free of charge as deadly infection wave threatens elderly

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South China Morning Post

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Australia PM hits back on WeChat over China official's war crimes tweet

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South China Morning Post

Australia's Prime Minister Scott Morrison has used Chinese social media platform WeChat to criticise ...
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Hong Kong national security law: Legco exodus, loyalty oaths, liberal studies overhaul mark legislation's fifth month

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South China Morning Post

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South China Morning Post

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Singapore approves sale of meat made in a laboratory, becoming first country to do so

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South China Morning Post

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Hawk or super hawk? The choice for American China watchers

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South China Morning Post

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South China Morning Post

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Chinese researcher Zheng Zaosong to plead guilty in Harvard cancer-cell case

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South China Morning Post

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South China Morning Post

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Joe Biden should repair US alliances before meeting with Xi Jinping, China analysts say

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South China Morning Post

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To deal with China, Australia should learn from Japan and ‘put away the megaphone': former PM Kevin Rudd

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Coronavirus: Joe Biden pledges ‘help is on the way' as he introduces economic team

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South China Morning Post

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Nato report says China could pose military threat to Europe and US

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South China Morning Post

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No evidence of fraud that would change election outcome, says US Attorney General William Barr

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South China Morning Post

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China's Africa loans ‘underestimated risk, like those of US, Japan in past'

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South China Morning Post

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Juno star Elliot Page comes out as transgender

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South China Morning Post

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Why the People's Bank of China is unlikely to raise interest rates next year

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South China Morning Post

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Donald Trump raises US$170 million after US election defeat

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South China Morning Post

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Rudy Giuliani denies report that he discussed pardon with Donald Trump

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South China Morning Post

This story is published in a content partnership with POLITICO. It was originally reported ...
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Queen Elizabeth to skip family Christmas over coronavirus fears

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South China Morning Post

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Coronavirus: Hungarian MEP resigns after ‘sex party' that broke lockdown rules

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South China Morning Post

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US lawmakers urged to put ‘reciprocity' at heart of China relationship

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South China Morning Post

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South China Morning Post

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American study finds signs of coronavirus in US before China outbreak

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South China Morning Post

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South China Morning Post

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South China Morning Post

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South China Morning Post

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