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Airport Authority to Raise Funds via Bond Issuance, Reiterates 2028 as Suitable Timing for Phased Opening of 11 SKIES
2026-04-28 14:30:47 A spokesperson for the Hong Kong Airport Authority said the authority is raising funds through bond issuance for debt refinancing, capital expenditure and general corporate purposes, with further details to be provided in due course. Earlier reports indicated that the Airport Authority plans to raise at least HKD15 billion through bond issuance with tenors of three years, five years and 10 years. Investment banks have been appointed to arrange the offering, and pricing could take place as early as Tuesday (28th). It is understood that during a roadshow on Monday (27th), investors inquired about the development of 11 SKIES, the commercial project at Airport City developed by New World (00017.HK). The spokesperson reiterated a previous statement that 2028 would be an appropriate time for a phased opening, as other airport expansion projects are expected to be completed by then. (mn/j)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |