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University of Hong Kong Plans to Issue HKD Bonds in 2Q26 to Meet University Town Expansion Funding Needs
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According to Sing Tao Daily, citing sources, the University of Hong Kong (HKU) held its first non-deal roadshow investor meeting yesterday (1st) regarding its proposed bond issuance for financing, with representatives from about 10 financial institutions in attendance. HKU initially plans to issue its first HKD-denominated bonds in 2Q26 under a newly signed medium-term note programme framework. It currently has no intention to seek an external credit rating. The transaction will be arranged on a club basis, underwritten by lead arrangers and dealers, similar to the medium-term note programme model previously announced by the West Kowloon Cultural District Authority. The specific issuance size has not been disclosed. HKU plans to apply to the government for land in the Northern Metropolis University Town for expansion and development. (ec/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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