By Scott Murdoch
SYDNEY (Reuters) – Airport Authority Hong Kong is aiming to raise up to HK$22 billion ($2.8 billion) in Hong Kong dollar bonds and up to 4 billion yuan ($546.3 million) in Chinese yuan bonds, according to two sources with direct knowledge of the matter.
The operator of Hong Kong airport is planning the deal consisting of 3-, 5-, 10- and 30-year Hong Kong dollar bonds and 10- and 30-year Chinese yuan bonds, according to a term sheet reviewed by Reuters on Tuesday.
The size of the Hong Kong dollar tranche is expected to be HK$15 to HK$22 billion and the Chinese yuan tranche is 3 to 4 billion yuan, the sources said.
The sources requested anonymity due to the confidential nature of the discussions.
Airport Authority Hong Kong did not immediately respond to an emailed request for comment from Reuters.
($1 = 7.7736 Hong Kong dollars)
($1 = 7.3223 Chinese yuan renminbi)
(Reporting by Scott Murdoch in Sydney; Editing by Christopher Cushing and Jacqueline Wong)
