Cathay Issues HK$658M In Notes, Bypasses Volatile Banking Market

Cathay Pacific Airways has tapped the capital market for $85 million in financing rather than going to a bank, a sign that airlines may be concerned about a credit gap. The Oneworld carrier says its wholly owned Cathay Pacific MTN Financing Ltd. has “priced HK$658 million ($85 million) of notes...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.