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Auckland Airport refinances maturing bank facilities
Auckland Airport refinances maturing bank facilities and establishes new one
Auckland Airport has established two new standby bank facilities totalling NZ$200 million. These have been established to refinance existing NZ$80 million and NZ$35 million undrawn facilities, which are set to mature on 30 April 2016.
The two new undrawn standby facilities are provided by BNZ (NZ$125 million) and Westpac (NZ$75 million) and will mature in April 2019.
Auckland Airport has also established an additional two year drawn facility of NZ$100 million with Commonwealth Bank of Australia to partly fund its capital expenditure program.
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