AUCKLAND, NEW ZEALAND: Auckland International Airport Limited is considering an offer of fixed rate bonds maturing in November 2026 to New Zealand retail investors and to institutional investors.
Any such offer will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as Auckland Airport’s existing quoted debt securities. The bonds are expected to be quoted on the NZX Debt Market. It is expected that full details of the bond issue will be released prior to the offer opening, which is expected to be on or around 8 November 2021.
Auckland Airport has appointed BNZ and Westpac as Joint Lead Managers.
Auckland Airport is the largest and busiest airport in New Zealand, with over 21 million passengers in the year ended March 2019. The airport is located near Mangere, a residential suburb, and Airport Oaks, a service hub suburb 21 kilometres south of the Auckland city centre. It is both a domestic and international hub for Air New Zealand, and the New Zealand hub of Jetstar Airways.