Auckland Airport to open new bond offer

Auckland International Airport Limited (AIAL) has announced that it plans to make a NZ$125m (A$102m) public bonds issue during late October.

The bonds will have a maturity term of five years, with the fixed interest rate to be announced prior to the offer opening later this month, with the issue expected to close in late November. The bonds will be direct, unsecured, unsubordinated debt obligations of Auckland Airport.

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