Auckland Int. Airport Limited Bond Issue Opens

Monday, 12 July 2004, 5:37 pm
Press Release: Auckland International Airport

Auckland International Airport Limited Bond Issue Opens

Auckland International Airport Limited's (AIAL) retail bond issue programme opened to interested parties today. It will remain open until Monday 26 July.

The airport company is aiming for $170 million, primarily for the refinancing of existing debt, for the airport's capital projects and for general company funding.

Interested members of the public should contact their financial advisors or share brokers and request an investment statement.

Bank of New Zealand has been appointed lead manager for this bond issue, with First NZ Capital as organising participant and co-lead manager. ABN Amro Craigs Limited and Forsyth Barr Limited are co-managers.

A prospectus and sample investment statement, as well as interest rates are available through Auckland International Airport's website: http://www.auckland-airport.co.nz.

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