Auckland Airport bond issue closes fully subscribed

Auckland Airport today announced that its offer of $50 million of retail bonds is now completely subscribed.

Chief financial officer for Auckland Airport, Jason Dale, said, “Once again we are pleased at the success of an Auckland Airport bond issue. We believe this is another indication that investors view Auckland Airport bonds as an attractive investment option, particularly during this challenging economic climate.”

The bonds offered investors an opportunity to invest in an iconic kiwi long-term infrastructure business.

They are direct, unsecured, unsubordinated debt obligations of Auckland Airport. The bonds have a maturity date of 28 February 2014.