Scoop has an Ethical Paywall
Auckland Airport placed on CreditWatch Negative
Auckland Airport placed on CreditWatch
Negative
Standard & Poor’s has placed Auckland Airport’s ‘A / A-1’ credit ratings on CreditWatch with negative implications following the announcement last Friday that the Canada Pension Plan Investment Board’s partial takeover offer has received shareholder approval.
A copy of the press release from Standard & Poor’s is attached. Auckland Airport remains committed to maintaining a prudent financial position and a strong credit rating. Among other things, the company recently completed a $550 million refinancing to repay debt maturing later this year, to increase access to committed funding and to provide additional funding for the company’s on-going capital expenditure programme. –
ENDS
Advertisement - scroll to continue reading
Google Threat Intelligence Group - GTIG: Google Threat Report Warns AI-Driven Cyber Operations Are Scaling Across Global Threat Landscape
Commerce Commission: Baseline Research Report On The State Of Competition In New Zealand
University of Auckland: Junk Food Designed To Make Us Eat More, Study Finds
Spark: New Report Sets Out Outcomes-Led Approach To Lift Rural Connectivity Using The Right Mix Of Technologies
Bill Bennett: Fixed Voice Rules Head For Deregulation
UN Department of Global Communications: United Nations Proposes New Global Dashboard To Measure Progress Beyond GDP
