Auckland Airport refinances $300 million of bank facilities

Wed, 06 Apr 2016

By Sophie Boot April 7 (BusinessDesk) - Auckland International Airport, the country’s largest airport operator, has established $200 million in standby facilities to refinance $115 million in existing bank facilities, along with another $100 million to pay for capital expenditure. The existing facilities are set to mature on April 30. Of the new undrawn standby facilities, $125 million is provided by Bank of New Zealand and $75 million by Westpac Banking Corp, both maturing in April 2019. Commonwealth Bank of Australia will provide an...

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