Market Chatter: Cathay Pacific Airways Planning HK$2 Billion Bond Raise

MT Newswires Live04-22

Cathay Pacific Airways (HKG:0293) is planning to raise HK$2 billion via a Hong Kong dollar bond offering, Reuters reported Tuesday.

The airline plans to begin the bond deal on Wednesday which could include a three or five-year fixed rate, or possibly both, Reuters reported, citing the offering's term sheet.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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