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- Release Date: 30/11/12 16:38
- Summary: GENERAL: AIA: AIAL Offer Opening Announcement
- Price Sensitive: No
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AIA
30/11/2012 14:38
GENERAL
REL: 1438 HRS Auckland International Airport Limited
GENERAL: AIA: AIAL Offer Opening Announcement
Auckland International Airport Limited ("Auckland Airport") today announced
it is making an offer of up to NZ$100 million of unsecured unsubordinated
fixed rate bonds ("Bonds").
Auckland Airport is the owner and operator of Auckland International Airport
(the "Airport"), New Zealand's largest and busiest airport in terms of both
passenger movement and revenue and owns stakes in North Queensland Airports,
Australia (Cairns and Mackay Airports) and Queenstown Airport.
Net proceeds from the issue of Bonds are intended for general corporate
purposes of Auckland Airport, including retirement of debt, capital
expenditure and growth opportunities that may arise.
The full details of the offer of the Bonds are contained in a Prospectus and
Investment Statement each dated 30 November 2012 ("Offer Documentation").
The Bonds will have a maturity of 13 December 2019 and are expected to be
quoted on the NZX Debt Market*.
An announcement of the issue margin and the interest rate will be made
following the bookbuild process, expected to be on 10 December 2012.
The Bonds have been assigned a credit rating of A- by Standard & Poor's.
There is no public pool for the offer. Investors interested in the offer
should contact the Lead Manager, Co-Manager or their usual financial adviser,
to request a free copy of the Prospectus and Investment Statement.**
Lead Manager: ANZ on 0800 269 476
Co-Manager: Forsyth Barr on 0800 367 227
*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 relating to that
application that can be complied with on or before the date of the Offer
Documentation have been
duly complied with. However NZX accepts no responsibility for any statement
in the Offer Documentation or this announcement. NZX is a registered
exchange, and the NZX Debt Market is a registered market, each regulated
under the Securities Markets Act 1988.
**Application for the Bonds can only be made using the application form
included in the Investment Statement. No applications for the Bonds will be
accepted or money received unless the subscriber has received a copy of the
Investment Statement. The minimum application amount is for Bonds with a
principal amount of at least NZ$10,000 and multiples of NZ$1,000 thereafter.
Ends
For further information, please contact:
Julia Belk
Treasury and Investor Relations Specialist
+64 9 255 9212, +64 21 2408 997
End CA:00230512 For:AIA Type:GENERAL Time:2012-11-30 14:38:26
