The University of Hong Kong entered the debt market for the second time this year and raised HK$500 million through private bond issuance. According to the data, this unlisted bond, which will expire in 2033, was priced on August 28, with a coupon interest rate of 3.82%. Previously, the University of Hong Kong issued HK$1 billion bonds due in 2036 in June. In March, the University of Hong Kong disclosed that it will use the issuance of bonds to raise funds for campus construction in accordance with the US$1 billion medium-term note issuance plan.

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