Air NZ establishes $250 million revolving credit facility
Stock exchange listings: New Zealand (NZX: AIR) / Australia (ASX: AIZ) / ADR (OTC: ANZLY)
MARKET ANNOUNCEMENT
Air New Zealand postal address: Private Bag 92007, Auckland, 1142, New Zealand
Investor Relations email: investor@airnz.co.nz
Investor website: www.airnewzealand.co.nz/investor
28 May 2024
Air New Zealand establishes $250 million committed and unsecured revolving
credit facility
Air New Zealand announces today it has established a new three year, $250 million, unsecured
syndicated revolving credit facility. This facility is provided through participation from Australasian
and global banks and will serve as standby liquidity support to the airline in line with its updated
capital management framework previously announced in August 2023.
The new facility replaces the previous $400 million unsecured committed Crown Standby Facility
which was entered into as part of the airline’s recapitalisation package on 30 March 2022 and
subsequently cancelled on 25 March 2024, having never been drawn upon.
ANZ Bank New Zealand Limited and MUFG Bank, Ltd. acted as Mandated Lead Arrangers and
Bookrunners on the new facility.
Ends
This announcement has been authorised for release to NZX and ASX by Jennifer Page, General
Counsel & Company Secretary (jennifer.page@airnz.co.nz).
For investor relations queries, please contact:
Kim Cootes
Head of Investor Relations
kim.cootes@airnz.co.nz
+64 27 297 0244
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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