Hong Kong Raises $5.8 Billion in Its Largest-Ever Green Deal
- City draws strong demand for dollar, euro, offshore yuan notes
- Global bond markets are enjoying a deluge of new debt deals
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Hong Kong sold the equivalent of $5.8 billion of green bonds denominated in three currencies Wednesday, as debt markets roared back to life amid a global rush of deals.
The city priced $3 billion of dollar bonds across four tenors, a 1.25 billion euro ($1.3 billion) two-tranche note and a 10 billion offshore yuan ($1.5 billion) portion, according to people familiar with the matter, who asked not to be identified because they’re not authorized to speak about it.