20 December 2013
North Queensland Airport Group, in which Auckland Airport has a 24.55% shareholding, has announced that it has refinanced AUD $587 million of bank facilities, including AUD $88 million for future capital expenditure requirements.
Simon Robertson, Auckland Airport’s chief financial officer, says, “Auckland Airport welcomes the refinancing of maturing debt, which provides the North Queensland Airport Group with the certainty it needs to progress its capital expenditure programme and invest for future growth.”
A copy of the North Queensland Airport Group’s announcement in relation to the refinancing is attached.
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