Bond Offer

15 December 2016


WIAL Fixed Rate Retail Bond Offer

Wellington International Airport Limited (“WIAL”) has announced an offer of up to $75 million of unsecured, unsubordinated, fixed rate bonds with the ability to accept oversubscriptions of up to $25 million at WIAL's discretion, to institutional and New Zealand retail investors. The bonds are being offered at an interest rate of 5.00% per annum and mature on 16 June 2025.

Full details of the bond offer are contained in the Terms Sheet, available through or by contacting the Lead Manager as below or an NZX Participant, and must be obtained by investors before they acquire any bonds.

The bonds are expected to be quoted on the NZX Debt Market. The bonds have been assigned a BBB+ rating by S&P Global.

The offer will close on 14 February 2017, or earlier at the sole discretion of WIAL.

The bonds may be reserved for clients of the Lead Manager, institutional investors and other primary market participants.

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