23 Dec 2009

Standby loan to be refinanced

6:09 am on 23 December 2009

Auckland International Airport Ltd has set up a $150 million standby bank facility to refinance a $100 million standby facility loan that matures next March.

The new facility, which is being provided by Bank of Tokyo-Mitsubishi UFJ, will support the company's commercial paper programme. It matures in 2013.