AIA – Auckland Airport launches inaugural AMTN issue

Market Release l 10 March 2017 Auckland Airport successfully launches inaugural A$150 million AMTN issue Auckland Airport has successfully completed its inaugural AMTN issue of A$150 million 10.5 year fixed rate bonds due 23 September 2027. The issue was rated A- by S&P Global. As the issue was made using the company's new wholesale AMTN programme it was open to institutional investors only, with funds from the issue to be used to fund the company's capital investment programme. The implementation of the Airport's 30-year vision to build the airport of the future is now well underway and it is currently investing more than $1 million every working day on core airport infrastructure. This was the first issue into the Australian market by Auckland Airport and follows previous offshore issues into the USPP market to supplement its established domestic bank, bond and commercial paper programmes. Auckland Airport Chief Financial Officer, Phil Neutze, said "The Australian market was a logical extension to the Airport's debt programme and investors demonstrated very strong demand for our name. Auckland Airport looks forward to returning to the AMTN market in the future to access the diversification and tenor benefits it provides." ANZ was the arranger and sole lead manager for the transaction. Ends For further information, please contact: Debt investors: Campbell De Morgan +64 9 255 9029 +64 27 478 3243 campbell.demorgan@aucklandairport.co.nz End CA:00298091 For:AIA Type:GENERAL Time:2017-03-10 09:54:06