Adelaide Airport confirms buyback and new 2015 deal

The buyback of existing December 2010 securities and replacement with a new, secured five-and-a-half year line by Adelaide Airport (BBB/Baa2) was confirmed in a March 26 deal launch. Adelaide Airport roadshowed the buyback and sale in mid-March with lead manager sources saying the period between roadshow and launch was spent gathering investor feedback and working on deal structure.