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Air New Zealand Completes A$300 Million Bond Issuance

Story Highlights
  • Air New Zealand issued A$300 million in 7-year bonds at a 5.179% coupon rate.
  • Proceeds will be used for corporate purposes and refinancing, showing strong investor confidence.
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Air New Zealand Completes A$300 Million Bond Issuance

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Air New Zealand ( (ANZFF) ) has provided an announcement.

Air New Zealand has successfully issued A$300 million in 7-year fixed-rate bonds under its Australian Medium Term Note programme, with a fixed coupon rate of 5.179% per annum. The issuance was well received, with a final order book of approximately A$2.3 billion, and the proceeds will be used for general corporate purposes and refinancing existing notes maturing in May 2026, indicating robust investor confidence and strategic financial management.

More about Air New Zealand

Air New Zealand is a prominent airline company operating in the aviation industry, primarily offering passenger and cargo air transport services. The company focuses on connecting New Zealand with major international destinations and maintaining a strong presence in the Australasian market.

For an in-depth examination of ANZFF stock, go to TipRanks’ Overview page.

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