Monday 30 November 2009      
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Auckland Airport bond issue closes.

[30 November 2009] [702 views] [No Comment]

Auckland International Airport Limited (Auckland Airport) today announced that its offer of up to NZ$125 million bonds to the public has closed fully subscribed.

Auckland Airport’s chief financial officer, Simon Robertson, said that, “Auckland Airport is extremely pleased with the success of this issue. It allows us to extend our maturity profile and demonstrates again that there is strong appetite from New Zealand investors for bonds issued by Auckland Airport”.

The bonds are direct, unsecured, unsubordinated debt obligations of Auckland Airport and have been assigned a credit rating of “A-” by Standard & Poor’s.

Interest will be paid semi-annually, with the first interest payment date scheduled to occur on 27 May 2010.

ENDS


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