Podcasts Other The Mike Hosking Breakfast Carrie Hurihanganui: Auckland Airport CEO on the interest in its $1.4 billion capital raise

Carrie Hurihanganui: Auckland Airport CEO on the interest in its $1.4 billion capital raise

Published: Sept. 16, 2024, 7:42 p.m.

Auckland Airport says it's had no shortage of interest in its $1.4 billion capital raise.\xa0

It will use the money to drive down debt and upgrade the airport, runway, and other infrastructure dating back to the 1960s.\xa0

The upgrade is expected to take about five years to complete.\xa0

Auckland Airport Chief Executive Carrie Hurihanganui told Mike Hosking the capital raise had been signalled to the market.\xa0

She says there's been a very positive response from institutional investors and will start seeking retail investors today.\xa0

LISTEN ABOVE\xa0

See omnystudio.com/listener for privacy information.