AIA – AA revises indicative margin for retail bond offer
2009765-1
Market Release
| 26 September 2018
Auckland Airport revises indicative
margin for retail bond offer
As announced on 24 September 2018, Auckland International Airport Limited (“Auckland
Airport”) is offering up to NZ$125,000,000 of six year fixed rate bonds (with the ability to accept
up to NZ$50,000,000 in oversubscriptions at Auckland Airport’s discretion) (the “Bonds”) to
New Zealand retail investors and to institutional investors.
Subsequent to that announcement Auckland Airport has today revised the indicative margin
range to now be 0.95 to 1.00 per annum.
Full details of the bond issue are contained in the terms sheet which has been prepared for
the offer and was attached to the launch announcement on 24 September 2018.
An announcement of the actual margin (which may be above or below the revised indicative
margin range of 0.95 to 1.00 per cent per annum) and the interest rate on the Bonds will be
made later today following the conclusion of the bookbuild process. The terms sheet will be
updated to include the interest rate and will also be released later today.
Interested investors should contact the Joint Lead Managers or their usual financial adviser for
more details.
Ends
For assistance, please contact:
Campbell De Morgan
Treasury Specialist
+64 9 255 9029
campbell.demorgan@aucklandairport.co.nz
ANZ Bank New Zealand Limited Westpac Banking Corporation
0800 269 476 (ABN 33 007 457 141)
(acting through its New Zealand branch)
0800 942 822
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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