Sydney Airport to redeem all outstanding 2011 bonds

Following a notice issued to bondholders (via their nominees) on October 8 2010, Sydney Airport Corporation (Sydney Airport) (BBB/Baa2/BBB) will redeem all outstanding November 2011 bonds totalling A$282.2 million, on November 22. These are the bonds that were partially exchanged and extended in June 2010, in conjunction with Sydney Airport's new A$175 million July 2015 bond issue.