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.
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- New EO on regulations while cyber and ISIS fight to get boost, on Trump’s Beltway
- NZ's strong economy behind another record high migration figure
- Metlifecare's Glen Sowry on trying to be different from the competition
- Vector CEO Simon Mackenzie on how investment is subduing today's profits
- Villa Maria chief winemaker Nick Picone says the next few weeks' weather will determine the quality of this year's vintage