BONDS: Cathay treks to Singapore for S$100m five-year funds
Cathay Pacific is back for a second issue in two months in the Sing dollar market. The Hong Kong carrier launched a five-year bond at a guidance of 3.25% this morning, with books due to close later today. The targeted deal size is seen at S$100m, double the amount in a similar five-year bond it issued on January 20. The first deal, via sole bookrunner UOB, was also priced at 3.25%.
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