HK Airlines faces doubts over servicing looming maturity

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By Addison Gong
07 Jan 2019

Hong Kong Airlines is set to provide the year’s first test case of the strength of the Asian debt market as investors lose faith in the carrier’s ability to repay a $550m bond due in just over two weeks.

The Hong Kong-based airline has had a tumultuous period, ending 2018 with rumours and speculations about its financial position, and starting the new year on a rough note too.  

Hong Kong Airlines’ $683m 7.125% perpetual non call 3.5 year bond was one of the worst performers last ...

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