Auckland Airport eyes six-year bond offer

Mon, 17 Sep 2018

By Gavin Evans Sept. 18 (BusinessDesk) - Auckland International Airport is planning to offer a six-year retail bond to help fund its ongoing expansion. The company didn’t specify the size of the offer it expects to open next week. Last month the firm, which has a $75 million floating rate bond maturing next month, said it was considering a $175 million bond issue before the end of the year. The airport is joining a slew of firms taking advantage of the drop in interest rates since June to refinance debt or replace more expensive bank...

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