Auckland International Airport has announced to issue a $125 million five-year bond program by October end, focusing retail investors. All details including a fixed rate of interest may be released in few days by the company.

The company had already completed a $50 million bond issue at an interest rate of 7.25% earlier this year. ANZ and Goldman Sachs JBWere will assist for managing the bond issue.

The bond issue would have maturity period of five years and it is aimed to cover debt obligations of Auckland Airport. The offer is said to be remain open until late November 2009 but actual date and interest rate is yet to be finalize by the Auckland Airport after consultations with the Joint Lead Managers.

A copy of the investment statement may be received after the registration of the Prospectus. Applications for the bonds would be received only after subscription of investment statement by the customers.