NZSE:AIAInfrastructure
The Bull Case For Auckland Airport (NZSE:AIA) Could Change Following Major NZ$100 Million Debt Refinancing
In early October 2025, Auckland Airport completed a NZ$100 million floating rate note issue with a three-year term and a margin of 65 basis points over the base rate, following an earlier NZ$200 million fixed rate bond issue managed by ANZ and Westpac for institutional investors.
This financing not only refinances a maturing NZ$150 million floating rate note but also provides additional funding for the airport’s ongoing infrastructure investment programme, strengthening its financial...