Auckland Airport to issue a further $50m of public bonds

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

In an environment of heightened risk, investor appetite for security will be hungry for Auckland Airport’s (AIA) looming public offer of $50 million of bonds.

The monopoly company plans to follow up their November bond issue with direct, unsecured, unsubordinated debt obligations “of the issuer”, with a maturity date of 28 February 2014 and a fixed rate of interest to be announced before the issue opens this month.

Auckland Airport refused to comment further on the issue to NBR, as although there are staff working on the bond issue, the communications team are on holiday.

Further details about the offer will be released shortly. The offer is expected to stay open until the end of March 2009.

Auckland Airport is looking for preliminary expressions of interest, which should be made to your financial advisor.


This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7728 0.0104 1.36%
AUD 0.9649 -0.0041 -0.42%
EUR 0.7044 0.0032 0.46%
GBP 0.5047 0.0037 0.74%
HKD 5.9898 0.0809 1.37%
JPY 91.8270 1.0030 1.10%

Commods

Commodity Price Change Time
Gold Index 1201.9 22.820 2015-04-27T00:
Oil Brent 64.8 1.410 2015-04-27T00:
Oil Nymex 57.0 -0.190 2015-04-27T00:
Silver Index 16.4 0.754 2015-04-27T00:

Indices

Symbol Open High Last %
NZX 50 5765.4 5790.5 5765.4 0.07%
NASDAQ 5063.3 5067.1 5060.2 0.07%
DAX 12035.6 12047.4 12039.2 -1.89%
DJI 18035.9 18106.9 18038.0 0.28%
FTSE 7104.0 7104.0 7104.0 -1.03%
HKSE 28448.2 28548.5 28433.6 0.03%
NI225 20068.7 20133.8 19983.3 0.38%