Auckland International Airport Ltd joined the queue of listed companies raising money through bond issues today, seeking up to $175 million.
The offer is $125 million of 6-year fixed rate bonds & up to $50 million in oversubscriptions. It will be open to institutional & NZ retail investors. There’s no public pool.
The indicative margin range is 0.95-1.05%/year. The bookbuild process is expected to be completed on Wednesday.
Attribution: Company release.