Auckland Airport strengthens its balance sheet with an equity raise …

Apr 6, 2020 · Auckland Airport has announced it is conducting an equity raising of up to $1.2 billion to reinforce its balance sheet and ensure it remains well capitalised during this period of …

CouponFollow Extension

$1
OFF

Auckland Airport Strengthens Its Balance Sheet With An Equity Raise …

1 week from now

Apr 6, 2020 · Auckland Airport has announced it is conducting an equity raising of up to $1.2 billion to reinforce its balance sheet and ensure it remains well capitalised during this period of …

aucklandairport.co.nz

$1000
OFF

Auckland Airport Strengthens Its Balance Sheet With An Equity …

1 week from now

Apr 6, 2020 · Auckland Airport is undertaking a NZ$1,000 million fully underwritten placement and a NZ$200 million share purchase plan • Auckland Airport expects the negative impact from …

asx.com.au

$1
OFF

Auckland Airport Raising $1.4b To Upgrade Domestic Terminal

1 week from now

Auckland International Airport has launched a $1.4 billion equity raise to help pay for its $6.6b multi-year development plan, including a $2.2b upgrade of its domestic terminal. The capital ...

nzherald.co.nz

$1
OFF

Auckland Airport Launches $1.4b Equity Raise - PressReader

1 week from now

2024-09-17 - Madison Reidy. Auckland International Airport has launched a $1.4 billion equity raise to help pay for its $6.6b multi-year development plan, including a $2.2b upgrade of its …

pressreader.com

$1
OFF

Auckland Airport’s $1.4bn Equity Raise Takes Off With Boost From ...

1 week from now

19 Sep 2024. Russell McVeagh has advised Auckland Airport on a massive $1.4bn equity raise that is intended to support the airport’s capital investment programme. “As the primary border …

thelawyermag.com

$1
OFF

Auckland Airport’s Capital Raise Weighs On Sharemarket - Market …

1 week from now

Auckland International Airport went into a trading halt after announcing it was making an underwritten equity raising of $1.2 billion at $6.95 a share. Photo / NZME. Investors scrambled …

nzherald.co.nz

$11
OFF

Auckland International Airport Limited (AUKNY) Q2 2024 Earnings …

1 week from now

Feb 22, 2024 · Despite the significant capital expenditure in the six months, Auckland Airport's balance sheet remains strong with total assets at 31 December of $11.3 billion and …

seekingalpha.com

$1
OFF

Four Reasons Why Monday’s Biggest Deal Flew Out The Door

1 week from now

Sep 16, 2024 · That’s why Australian fund managers led bidding for Auckland International Airport shares on Monday morning, as it offered $1.1 billion of discounted stock to the wider market.

afr.com

FAQs about Auckland Airport strengthens its balance sheet with an equity raise … Coupon?

Why did Auckland Airport announce a $1.4 billion equity raise?

Auckland Airport. (Source: 1News) Auckland Airport has today announced a planned $1.4 billion equity raise to fund its "ongoing capital investment programme". The announcement was made on the NZX and the ASX, stating the airport has signed a contract with Hawkins Limited to manage the construction and delivery of its new domestic jet terminal. ...

Will Auckland Airport's capital expenditure be funded by additional debt facilities?

We expect the project to put pressure on Auckland Airport’s balance sheet. But following the NZD 1.4 billion equity raise in fiscal 2025, we expect the balance of capital expenditure to be funded by additional debt facilities and earnings. ...

What liquidity does Auckland Airport hold?

Following the Placement, Auckland Airport will hold Pro Forma Adjusted Liquidity 7, including cash on hand and committed undrawn bank facilities, of NZ$1,258 million as at 31 March 2020. This liquidity provides the flexibility for Auckland Airport to respond to a range of recovery scenarios. ...

Can regulatory changes affect Auckland Airport's financial results?

Adverse regulatory changes can have an adverse effect on Auckland Airport’s financial results. A 2019 Ministerial Inquiry recommended that legislation be developed to protect security in the jet fuel supply chain at Auckland Airport. ...

Does Auckland Airport have a regulated asset base?

Auckland Airport is free to set fees with airlines for passenger movements, aircraft landings, aircraft parking, check-in facility usage, and security expenses, to earn a suitable return on its “regulated asset base”, which includes prior capital expenditures and some revaluations. ...

Is Auckland Airport a good investment?

While Auckland Airport is undergoing a significant capital investment program, it has relative earnings confidence with the regulated business to earn a suitable return on investment. Should passenger numbers disappoint, the firm has flexibility with capital deployments to reduce the risk of overcapacity. ...