Auckland Airport considers $175M bond to fund capex, still sees strong demand

Thu, 23 Aug 2018

By Sophie Boot Aug. 23 (BusinessDesk) - Auckland International Airport is considering raising $175 million via a bond issue towards the end of the year to help fund capital expenditure, as it undertakes a $2 billion infrastructure development programme The announcement came during the airport's annual result release this morning, and on the following investor conference call, chief financial officer Phil Neutze said the bond may be spread into two tranches, and will be used to fund capital spending. Almost half the airport's $2.06 bil...

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