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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

S&P downgrades Wellington Airport

Credit rating falls despite bank covenant waivers.

Tim Hunter Tue, 16 Jun 2020

Wellington Airport’s credit rating has been downgraded by Standard & Poor’s, despite an extension to its loan facilities and a shareholder support agreement.

In a statement today, S&P said it had cut the airport’s rating from BBB+ to BBB, saying it was one of three airports likely to

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Tim Hunter Tue, 16 Jun 2020
Contact the Writer: thunter@nbr.co.nz
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S&P downgrades Wellington Airport
General Business,
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