Christchurch International Airport Closes Bond Offer

Christchurch International Airport Limited Announces Books Closed for Bond Offer Christchurch International Airport Limited ("CIAL") has closed the offer for its 7 year, unsecured, unsubordinated, fixed rate bonds ("Bonds") following a successful bookbuild, with NZ$125,000,000 of Bonds (including oversubscriptions of NZ$25,000,000) allocated to the Joint Lead Managers, Primary Market Participants and other approved financial intermediaries. There was no public pool for the offer. The margin for the Bonds has been confirmed at 1.05% per annum. The interest rate and final terms sheet will be released later today. The Bonds are expected to be assigned a long term credit rating of A- by S&P Global Ratings. Investors can contact the Joint Lead Managers or a financial advice provider for more information. ENDS For further information: Tim May Chief Financial Officer Mobile: +64 21 228 3505 Email: tim.may@cial.co.nz End CA:00429137 For:CHC Type:OFFER Time:2024-04-05 11:49:14