Auckland International Airport Limited (ACKDF) has released an update.
Auckland International Airport Limited has announced the launch of a new retail bond offer, aiming to raise up to NZ$200 million, with the potential to accept an additional NZ$50 million in oversubscriptions. The bonds, which are expected to be listed on the NZX Debt Market, offer a six-and-a-half-year fixed rate, with the final interest rate to be set post-bookbuild on May 8, 2024. The bond issue, exclusively available to New Zealand retail and institutional investors, has been touted to have an A- credit rating by S&P Global Ratings.
For further insights into ACKDF stock, check out TipRanks’ Stock Analysis page.