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Air NZ issues Australian $300 million Medium Term Notes

Debt Issuance23 September 2025AIRIndustrials

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



24 September 2025


Air New Zealand issues Australian $300 million Medium Term Notes


Air New Zealand has successfully completed a A$300 million 7-year fixed-rate bond

issuance under its wholesale Australian Medium Term Note (AMTN) programme. The

senior unsecured notes carry a fixed coupon of 5.179% per annum representing an

issue margin to benchmark of 137 basis points and mature on 30 September 2032.

The issuance was well subscribed with a final order book of approximately A$2.3

billion. The transaction was open to institutional investors only and has an expected

issue rating of Baa1 by Moody’s Investor Services. Proceeds will be used for general

corporate purposes and the refinance of Air New Zealand’s existing notes maturing in

May 2026.

Australia and New Zealand Banking Group Limited, MUFG Securities Asia Limited,

National Australia Bank Limited and Westpac Banking Corporation acted as joint lead

managers on the transaction.


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

Email: kim.cootes@airnz.co.nz

Phone: +64 27 297 0244

For media enquiries, please contact:

Air New Zealand Communications

Email: media@airnz.co.nz

Phone: +64 21 747 320

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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