Auckland Airport aims to raise up to $300 million

Auckland Airport aims to raise up to $300 million
(Image: Auckland Airport)
Staff reporters
Auckland International Airport wants to raise up to $300 million by issuing bonds.The airport said it was offering up to $150m of five-and-a-half-year fixed-rate retail bonds, with the ability to accept oversubscriptions of $50m. The airport was also considering making an offer of floating-rate wholesale bonds maturing in October 2028.“Retail investors may not participate in the wholesale offer,” the airport said.The maximum amount of bonds to be issued by Auckland Airport under the retail offer and the wholesale offer tog...