S&P Global Affirms 'A-'/Stable Credit Rating

S&P Global Ratings has released their latest research update on Christchurch International Airport Limited (CIAL) as a part of their usual FY24 annual review process. The report affirms CIAL's 'A-' long-term and 'A-2' short-term issuer credit ratings on CIAL, with a stable ratings outlook. S&P has revised upward their assessment of CIAL's stand-alone credit profile (SACP) to 'BBB+' from 'BBB'. A copy of the S&P research update is attached to this release. ENDS For Further Information: Tim May Chief Financial Officer Phone: +64 21 228 3505 e-mail: tim.may@cial.co.nz