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AIA successfully completes new A$350 million AMTN issue

Debt Issuance9 November 2023AIAIndustrials

Market Release | 10 November 2023

Auckland Airport successfully

completes new A$350 million AMTN

issue


Auckland Airport has successfully completed a new Australian medium-term notes (AMTN)

issue of A$350 million 10-year fixed rate bonds due 16 November 2033 with the final order

book in excess of A$1.2 billion. The issue has been rated A- by S&P Global.

As the issue was made using the company’s 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. This was the first issue in six years into the Australian market by

Auckland Airport and follows recent issues in its domestic bond programme in May and

October this year.

Auckland Airport Chief Financial Officer, Phil Neutze, said “It was great to be back in the AMTN

market and to see such a strong response from investors. Support from global debt markets,

such as Australia, will be critical as we build the infrastructure required to service the needs of

travellers, airlines and New Zealand for the next generation.”

MUFG and Westpac were the joint lead managers for the transaction.

Ends


For assistance, please contact:

Campbell De Morgan

Treasury Specialist

+64 27 478 3243

campbell.demorgan@aucklandairport.co.nz

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