Auckland airport considers retail bond offer

Full details of the offer are expected to be announced next week. (Image: Auckland airport)

Mon, 16 Oct 2023

Auckland International Airport is considering an offer of fixed-rate bonds maturing in November 2029 to New Zealand retail and institutional investors.Full details of the offer are expected to be announced next week, and the airport has appointed ANZ and Commonwealth Bank of Australia as joint lead managers.Auckland airport didn't disclose how much would be raised in the offer. It will be listed on the NZ stock exchange's debt market.The new offer comes as one of its vanilla corporate bonds is set to mature on Nov 2. Its final day...

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