Auckland Airport launches three-year domestic FRN
- Tuesday, 01 October 2019
On 1 October, Auckland International Airport (Auckland Airport) (A- by S&P) launched an indicative NZ$100 million (US$62.6 million) three-year floating-rate note (FRN) transaction, via ANZ. The forthcoming deal is being marketed at 65-70 basis points area over three-month bank bills and is expected to price on the day after launch.
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