Auckland Airport secures additional USD86m from Sep-2027 AMTN issue

12 October, 2017

Auckland Airport secured (13-Oct-2017) an additional AUD110 million (USD86 million) from its Sep-2027 AMTN issue. The fixed rate bonds mature in 9.9 years and are rated A- by S&P Global. This was the second AMTN issue into the Australian market following its inaugural issue in Mar-2017. The issue priced at a margin of 118 basis points over swap, with CBA and Westpac as joint lead managers for the transaction. [more - original PR]