Auckland Airport plans $100m bond offer

Auckland International Airport, the country's major gateway, plans to launch a $100 million bond offer and has asked for early expressions of interest.

The unsecured, unsubordinated fixed-rate bonds are expected to be seven-year notes, the airport says in a statement.

Full details will be published next week.

The offer comes after a tranche of the airport's listed bonds matured on November 7.

Australia & New Zealand Banking Group is lead manager, with Forsyth Barr as co-manager.

This month, Auckland Airport new chief executive Adrian Littlewood took over after predecessor Simon Moutter left to lead Telecom.

The shares fell 1.1% to $2.635 in trading yesterday and have gained 5.8% this year.

(BusinessDesk)


Got a question about this story? Leave it in Comments & Questions below.

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 0.7223 -0.0007 -0.10%
AUD 0.9376 0.0004 0.04%
EUR 0.6833 0.0002 0.03%
GBP 0.5760 0.0001 0.02%
HKD 5.6050 -0.0050 -0.09%
JPY 81.5220 0.0140 0.02%

Commods

Commodity Price Change Time
Gold Index 1251.4 11.930 2017-02-23T00:
Oil Brent 56.8 0.750 2017-02-23T00:
Oil Nymex 54.5 0.860 2017-02-23T00:
Silver Index 18.1 0.170 2017-02-23T00:

Indices

Symbol Open High Last %
NZX 50 7090.4 7099.6 7089.5 -0.44%
NASDAQ 5866.8 5867.0 5860.6 -0.43%
DAX 11920.9 11934.6 11947.8 -0.34%
DJI 20817.2 20840.7 20775.6 0.17%
FTSE 7271.4 7271.9 7271.4 -0.27%
HKSE 24115.6 24121.9 24114.9 -0.62%
NI225 19232.1 19381.1 19371.5 -0.45%
ASX 5784.7 5784.7 5784.7 -0.79%