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Auckland Airport considers raising money in US

Auckland International Airport Ltd said it is considering raising money in the private placement market in the United States.The operator of Auckland Airport said it was presently conducting a roadshow in the US to investigate the possibility of an issue

NZPA
Mon, 08 Nov 2010

Auckland International Airport Ltd said it is considering raising money in the private placement market in the United States.

The operator of Auckland Airport said it was presently conducting a roadshow in the US to investigate the possibility of an issue of notes in the private placement market.

If a placement takes place, it will be used to refinance debt maturing in March 2011.

Private placements are when securities are sold to small numbers of private investors without a formal public offering.

NZPA
Mon, 08 Nov 2010
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Auckland Airport considers raising money in US
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