AIA – Auckland Airport launches inaugural AMTN issue

Market Release l
10 March 2017

Auckland Airport successfully
launches inaugural A$150 million
AMTN issue
Auckland Airport has successfully completed its inaugural AMTN issue of A$150 million 10.5
year fixed rate bonds due 23 September 2027. The issue was rated A- by S&P Global.
As the issue was made using the company’s new wholesale AMTN programme it was open to
institutional investors only, with funds from the issue to be used to fund the company’s capital
investment programme. The implementation of the Airport’s 30-year vision to build the airport
of the future is now well underway and it is currently investing more than $1 million every
working day on core airport infrastructure.
This was the first issue into the Australian market by Auckland Airport and follows previous
offshore issues into the USPP market to supplement its established domestic bank, bond and
commercial paper programmes.
Auckland Airport Chief Financial Officer, Phil Neutze, said “The Australian market was a
logical extension to the Airport’s debt programme and investors demonstrated very strong
demand for our name. Auckland Airport looks forward to returning to the AMTN market in the
future to access the diversification and tenor benefits it provides.”
ANZ was the arranger and sole lead manager for the transaction.
Ends
For further information, please contact:
Debt investors:
Campbell De Morgan
+64 9 255 9029
+64 27 478 3243
campbell.demorgan@aucklandairport.co.nz