Auckland Airport issues $225 million of bonds – Air NZ issues $50 million of bonds – Summerset looking at 40-46% profit lift – Brierley completes Kirkcaldie takeover
Air NZ Ltd confirmed yesterday that it is offering $75 million of 6-year bonds to New Zealand retail & institutional investors.
The Competition Commission of Singapore has given clearance for the proposed alliance between Air NZ and Singapore Airlines.
Air NZ said yesterday it had agreed to form an alliance with Singapore Airlines enabling Air NZ to fly the Auckland-Singapore route again and Singapore Airlines to operate the Airbus A380 to New Zealand for the first time. Auckland International Airport Ltd added some numbers showing what the increased capacity would mean.
Published 22 August 2011 Air NZ Ltd said on Friday it was considering a $150 million bond issue. The unsecured, unsubordinated, fixed-rate bonds would have a maturity date of 15 November 2016 and the airline would use the funds for general business purposes. Joint lead managers are First NZ Capital Securities Ltd and Craigs Investment […]
Air New Zealand Ltd is seeking $186 million from a renounceable 1:6 pro rata rights issue at $1.30/new share. The issue is also extended to the convertible preference shares held by the Government, which can subscribe at a rate of 1:30 (these dshares weren’t consolidated on the 1:5 basis of the ordinary share consolidation on […]