Airport Authority to Raise Funds via Bond Issuance, Reiterates 2028 as Suitable Timing for Phased Opening of 11 SKIES
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The Hong Kong Airport Authority plans to raise at least HKD15 billion through bond issuance for debt refinancing and capital expenditure. The bonds will have tenors of three, five, and ten years, with pricing expected soon. Investors showed interest in the 11 SKIES project, with a phased opening anticipated in 2028, coinciding with the completion of other airport expansion projects.
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