Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Auckland Airport flags $100 mln bond offer

Auckland Airport flags $100 mln bond offer

Nov. 28 (BusinessDesk) - Auckland International Airport, the country's major gateway, plans to launch a $100 million bond offer and has asked for early expressions of interest.

The unsecured, unsubordinated fixed rate bonds are expected to be seven-year notes, the airport said in a statement. Full details will be published next week. The offer comes after a tranche of the airport's listed bonds matured on Nov. 7.

Australia & New Zealand Banking Group is lead manager, with Forsyth Barr as co-manager.

This month, Auckland Airport new chief executive Adrian Littlewood took over after predecessor Simon Moutter left to head up Telecom.

The shares fell 1.1 percent to $2.635 in trading yesterday, and have gained 5.8 percent this year.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Speaking For The Bees: Greens Call For Neonicotinoid Pesticide Ban

The National Government should ban the use of controversial pesticides called neonicotinoids after evidence has revealed that even at low doses they cause harm to bee populations, the Green Party said today. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news