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Auckland Airport considers retail bond offer

Market Release | 22 October 2015

Auckland Airport considers retail bond offer

Auckland International Airport Limited (“Auckland Airport”) is considering an offer of seven year fixed rate bonds to New Zealand retail investors and to institutional investors.

The offer will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as quoted debt securities. The bonds are expected to be quoted on the NZX Debt Market. It is expected that full details of the bond issue will be released prior to the offer opening, which is expected to be in the week beginning 2 November 2015.

Auckland Airport has appointed BNZ and Westpac as Joint Lead Managers and Deutsche Craigs as Co-Manager in relation to the bond offer. BNZ is the Organising Participant.

Investors can register their interest with the Joint Lead Managers (details below), the Co-Manager or a financial adviser. Indications of interest will not involve an obligation or commitment of any kind. No money is currently being sought and no bonds can be applied for or acquired until the offer opens and the investor has received a copy of the offer document in relation to the bonds.

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