Hong Kong airport operator plans HK dollar and yuan bond deal, sources say

Airport Authority Hong Kong is aiming to raise up to HK$22b ($2.8b) in Hong Kong dollar bonds and up to 4b yuan ($546.3m) 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$22b and the Chinese yuan tranche is 3 to 4b 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.<br/>