Wellington International Airport considers USD68.4m bond offer

Wellington International Airport is considering an 11 year NZD75 million (USD51.3 million) bond offer, with over subscriptions of NZD25 million (USD17.1 million) (Scoop, 11-Mar-2019). The airport's debt was NZD480.6 million (USD328.8 million) at Sep-2018, and the airport also plans to extend its runway, pending approval from the Civil Aviation Authority.