Wellington Airport closes offer and sets interest rate

Wellington International Airport Limited today announced that following the successful bookbuild process for its issue of 6 year unsecured, unsubordinated, fixed rate bonds the offer has closed and NZ$100,000,000 has been allocated to the participants (or their clients) in the bookbuild process. This includes oversubscriptions of NZ$25,000,000. There was no public pool for the offer. The Issue Margin for the Bonds has been set at 2.10% per annum and the Interest Rate for the bonds for the six year period has been set at 2.50% per annum, being the minimum Interest Rate for the Bonds. The Bonds are expected to be issued on 14 August 2020 and will mature on 14 August 2026. The Bonds are expected to be quoted on the NZX Debt Market under the ticker code WIA070. The full details of the offer are contained in the Final Terms Sheet which is attached. Unless the context requires otherwise, capitalised terms used in this announcement have the meaning given to them in the Final Terms Sheet. For further details investors can contact the Joint Lead Managers (details below) or their usual financial adviser. Joint Lead Managers: ANZ - 0800 269 476 Forsyth Barr - 0800 367 227 ENDS For further information: Martin Harrington Chief Financial Officer, Wellington International Airport Phone: +64 4 385 5105 Email: mharrington@wellingtonairport.co.nz End CA:00357623 For:WIA Type:OFFER Time:2020-08-07 13:45:12