Wellington International Airport Considers Retail Bond Offer

27 Jul 2020

Wellington International Airport Limited (WIA) is considering making an offer of up to NZ$75,000,000 (with the ability to accept oversubscriptions of up to NZ$25,000,000 at WIA’s discretion) of 6 year unsecured, unsubordinated, fixed rate bonds (Bonds) to New Zealand institutional and retail investors.

The offer is expected to open the week of 3 August 2020 and full details will be available then.

WIA has appointed ANZ Bank New Zealand Limited (ANZ) as the Arranger and ANZ and Forsyth Barr Limited as Joint Lead Managers in relation to the Bond offer.

Investors can register their interest in the offer by contacting a Joint Lead Manager as detailed below, or their financial adviser. Indications of interest will not constitute an obligation or commitment of any kind.

No money is currently being sought and applications for the Bonds cannot currently be made. If WIA offers the Bonds, the offer will be made in accordance with the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as existing quoted debt securities. The Bonds are expected to be quoted on the NZX Debt Market.

Joint Lead Managers:

ANZ - 0800 269 476 | Forsyth Barr - 0800 367 227

Download a copy of the Pre Offer Anouncement