15 Jul 2011

Airport debt refinanced

12:21 pm on 15 July 2011

North Queensland Airport has refinanced its debt.

The airport, in which Auckland International Airport Ltd has a 25% stake, has announced a $A529 million facility.

It replaces a number of facilities that were put in place at the time of the privatisation of Cairns and Mackay airports in 2008, and provides a facility to fund expected capital expenditure for the next five years.