Podcasts Other The Mike Hosking Breakfast Cath O'Brien: Board of Airline Representatives New Zealand Executive Director on Auckland Airport considering offering fixed rate retail bonds

Cath O'Brien: Board of Airline Representatives New Zealand Executive Director on Auckland Airport considering offering fixed rate retail bonds

Published: Oct. 16, 2023, 8:37 p.m.

Auckland Airport is considering an offer of fixed rate bonds maturing in November of 2029.\xa0

The bonds would be offered to retail and institutional investors.\xa0

Board of Airline Representatives New Zealand Executive Director, Cath O\u2019Brien, told Mike Hosking that it makes sense that they would need to raise some capital.\xa0

Their plan requires $2.5 billion to 2027 and then another $3.4 billion to 2032, which O\u2019Brien said is a lot that they\u2019ll need to find the spare change to fund.\xa0

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