Post-deal insights: Support for Melbourne Airport's 10-year is a small step in the right direction for the domestic market
- Wednesday, 26 October 2016
In the wake of a return to the Australian domestic market by Australia Pacific Airports Corporation (Melbourne Airport), the issuer says a positive response from international and domestic accounts provided renewed confidence in domestic capacity. Noting the relative scarcity value in corporate bonds, intermediaries agree that the outcome is encouraging. But they are not predicting a deluge of additional supply just yet.
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