Christchurch Airport reveals indicative margin for six-year domestic deal

On 14 May, Christchurch International Airport (Christchurch Airport) (BBB+/S&P) revealed an indicative margin of 125-135 basis points over swap for its NZ$75-100 million (US$52.2-69.6 million) six-year fixed-rate domestic deal. The final margin will be set on 18 May, following a bookbuild, according to lead manager Westpac New Zealand.