Share
- Release Date: 07/06/13 17:39
- Summary: GENERAL: WIA: Wellington Airport's successful wholesale bond issue
- Price Sensitive: No
- Download Document 1006B
WIA
07/06/2013 15:39
GENERAL
REL: 1539 HRS Wellington International Airport Limited
GENERAL: WIA: Wellington Airport's successful wholesale bond issue
Wellington International Airport Limited ("Wellington Airport") today
announced the successful issue and pricing of NZ$50 million of wholesale
bonds. Wellington Airport achieved its objective of targeting a NZ$50 million
issue as part of the refinancing objectives for its NZ$100 million retail
bonds, which mature on 15 November 2013.
The issue consists of:
o NZ$25 million of six year floating rate bonds, maturing 17 June 2019,
priced at a margin of BKBM + 1.30%; and
o NZ$25 million of seven year fixed rate bonds, maturing 11 June 2020, with a
coupon of 5.27%.
ANZ was the sole lead manager for the bond issue.
These bonds will not be listed or quoted on the NZX debt market.
For further information please contact:
Martin Harrington
Chief Financial Officer
+64 4 385 5100
End CA:00237188 For:WIA Type:GENERAL Time:2013-06-07 15:39:05