Auckland Airport looking to issue five-year bonds

(Image: Getty)

Tue, 02 May 2023

Auckland International Airport is considering an offer of fixed-rate bonds maturing in November 2028 to New Zealand retail investors and to institutional investors.Full details of the bond issue are expected next week, and the bonds are expected to be quoted on the NZX Debt Market, it said.Any proceeds will be used to fund Auckland International Airport's (AIA) ongoing investment programme and to meet its working capital requirements.The country’s largest airport is currently under way with its biggest redevelopment in decades.Last mo...

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