Wellington Airport eyes $100M bond offer

Sun, 10 Mar 2019

By Paul McBeth March 11 (BusinessDesk) - Wellington International Airport is eyeing up a $100 million bond offer as companies continue to take advantage of the cheap money available through the listed debt market. The airport operator, which is controlled by Infratil, is considering an 11-year bond offer of $75 million, with oversubscriptions of $25 million. The interest rate on unsecured, unsubordinated bonds would reset at some point. ANZ Bank New Zealand has been hired as the offer's arranger, with ANZ, Deutsche Craigs and Forsyth...

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