Sharechat Logo

Auckland International Airport Limited (NZX: AIA) Announces Interest Rate for Retail Bond Issue

Wednesday 10th November 2021

Text too small?

Auckland Airport announces interest rate for retail bond issue

Following the successful bookbuild process for its bond offer, Auckland International Airport Limited announced today that the offer had closed and NZ$150,000,000 had been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer.

The interest rate for the fixed rate bonds will be 3.29 per cent per annum, which reflects a margin of 0.70 per cent over the underlying swap rate. The bonds will be issued on 17 November 2021 and will mature on 17 November 2026. The bonds are expected to be quoted on the NZX Debt Market.

An updated terms sheet for the issue will be released shortly.

Please see the link below for details

AIA announces interest rate for retail bond issue

Source: Auckland International Airport Limited



  General Finance Advertising    

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.

Related News:

SCT - 2024 Half Year Announcement
Fletcher Building Executive Team announcement
Meridian Energy monthly operating report for March 2024
April 16th Morning Report
Finding Neutral: Estimates of New Zealand’s Nominal Neutral Interest Rate
OCA - FY2024 Market Update
NZ Windfarms Announces Chief Executive Appointment
Blackpearl Group Q4 FY24 Results Announcement
April 15th Morning Report
BAI - Completion of the Acquisition of Online Education Platform