Wednesday 10th November 2021 |
Text too small? |
Auckland Airport revises the indicative margin for retail bond offer
As announced on 8 November 2021, Auckland International Airport Limited (“Auckland Airport”) is offering up to NZ$100,000,000 of five-year fixed rate bonds (with the ability to accept up to NZ$50,000,000 in oversubscriptions at Auckland Airport’s discretion) (the “Bonds”) to New Zealand retail investors and to institutional investors.
As at 8.30am NZT today, the firm order book at the original indicative margin range of 0.70 per cent to 0.80 per cent per annum is in excess of NZ$125,000,000 (excluding Joint Lead Manager trading interest). As a result, Auckland Airport has today revised the indicative margin to now be 0.70 per cent per annum.
Full details of the Bond issue are contained in the terms sheet which has been prepared for the offer and was attached to the launch announcement on 8 November 2021.
An announcement of the actual margin (which may be above or below the revised indicative margin of 0.70 per cent per annum) and the interest rate on the Bonds will be made later today following the conclusion of the bookbuild process. The terms sheet will be updated to include the interest rate and will also be released today, 10 November 2021.
Interested investors should contact the Joint Lead Managers or their usual financial adviser for more details.
Please see the link below for details
AIA revises the indicative margin for retail bond offer
Source: Auckland International Airport Limited
No comments yet
GSH Appointment of new Chairman
Greenfern secures agreement to supply medicinal cannabis
Rua on track to export to Germany by year end
HMY SECURES ADDITIONAL NZ$215M FACILITY TO SUPPORT GROWTH
Seeka releases Sustainability Report
NZL - Completion of Retail Offer
28th June 2022 Morning Report
Green Cross Health Limited 2022 Annual Report / NOM
Me Today completes Rights Issue
Channel confirms timing of Board Chair succession