Air NZ 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.

•  Air New Zealand issues Australian $300 million Medium Term Notes

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

MFB - Chair Succession
CNU - Update on constitutional ownership restrictions
CEN - Contact, CDC partner to explore data centre development
August 10th Morning Report
August 7th Morning Report
PHL - Promisia to acquire Chatswood Retirement Village
MEL - Annual Shareholder Meeting 2026 / Director Nominations
August 6th Morning Report
General Capital (NZX: GEN) Announces Credit Rating Upgrade
August 4th Morning Report