Slaughter and May advised Cathay on its first Hong Kong dollar public bond totalling HK$2.08bn

Slaughter and May advised Cathay Pacific Airways Limited ("Cathay") on the issuance by its wholly‑owned subsidiary, Cathay Pacific MTN Financing (HK) Limited, of HK$2.08bn 3.78% notes due 2029 under its US$2.5bn medium term note programme.

The transaction is Cathay’s first public bond issuance in Hong Kong dollars and the largest Hong Kong dollar public bond issued by a Hong Kong‑based non‑public sector company to date.

Bank of China (Hong Kong) Limited, BNP PARIBAS, DBS Bank Ltd., and The Hongkong and Shanghai Banking Corporation Limited acted as the Joint Bookrunners and Joint Lead Managers.