Adelaide Airport launches A$200 million, seven-year domestic deal

New Terminal Financing (BBB/Baa2), the funding vehicle for Adelaide Airport, launched a no-grow A$200 million (US$153.3 million), seven-year deal on 4 July. Initial price guidance on the deal is in the area of 150-155 basis points over swap, and it is expected to price on the day of launch according to lead managers ANZ and Westpac Institutional Bank.