Auckland International Airport

Sunday, 19 January 2020
Dec/Jan 2019/20 IWI supplement

A sustainable market takes shape in New Zealand

New Zealand's green, social and sustainability (GSS) bond market grew substantially in 2019 but is still concentrated around a fw repeat issuers. At the KangaNews-Westpac New Zealand Sustainable Finance Summit in Auckland in November 2019, market participants discussed developments in the GSS market and the wider application of sustainability.

Monday, 30 September 2019

Auckland Airport launches three-year domestic FRN

On 1 October, Auckland International Airport (Auckland Airport) (A- by S&P) launched an indicative NZ$100 million (US$62.6 million) three-year floating-rate note (FRN) transaction, via ANZ. The forthcoming deal is being marketed at 65-70 basis points area over three-month bank bills and is expected to price on the day after launch.

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