Ann: GENERAL: WIA: Wellington Airport Limited ret

• Release Date: 25/10/13 14:59
• Summary: GENERAL: WIA: Wellington Airport Limited retail bond offer successful
• Price Sensitive: No
• Download Document  1.95KB

					WIA
25/10/2013 12:59
GENERAL

REL: 1259 HRS Wellington International Airport Limited

GENERAL: WIA: Wellington Airport Limited retail bond offer successful

Wellington International Airport Limited's (WIAL) offer of unsecured retail
bonds opened for public subscriptions on 24 October 2013.

The offer has been extremely successful and applications received on the
opening day exceed the $50 million offer level.  Therefore, WIAL has decided
to accept oversubscriptions of up to an additional $25 million.

In relation to accepting oversubscriptions, WIAL wishes to exercise its
discretion to refuse applications from new investors from today, so it can
recognise the long term commitment of its existing bondholders.  Applications
from holders of WIAL's existing retail bonds maturing on 15
November 2013 will continue to be accepted until the oversubscription amount
is reached.  As set out in the simplified disclosure prospectus for the
bonds, the balance of any application money (without interest) that is not
accepted will be refunded as soon as reasonably practicable.

WIAL's Chief Financial Officer, Martin Harrington said that the success of
the bond offer is a very positive outcome for WIAL and its investors.

Meida contact: Greg Thomas
Phone:64 21 430 435
Email: [email protected]

1 Application has been made to NZX Limited ("NZX") for permission to quote
the bonds on the NZX Debt Market and all the requirements of NZX that can be
complied with on or before the date of this announcement have been complied
with. However, NZX accepts no responsibility for any statement contained
herein.  WIAL has applied for and been granted a waiver by NZX from Listing
Rule 11.1.1 to allow the Transfer Restrictions (as defined in the waiver
decision).

2 No applications for bonds will be accepted or money received unless the
subscriber has received the simplified disclosure prospectus for the bonds.
End CA:00242894 For:WIA    Type:GENERAL    Time:2013-10-25 12:59:58