OFFER OF FIXED RATE 6 YEAR BONDS ISSUED BY CHRISTCHURCH INTERNATIONAL AIRPORT LIMITED
CHRISTCHURCH INTERNATIONAL AIRPORT LIMITED
christchurchairport.co.nz
Issuer's description of this product:
The bonds are unsubordinated, unsecured, fixed rate debt obligations of Christchurch International Airport Limited
Minimum investment
$5,000
This is the minimum amount you would need to put into this in order to invest.
Closing date
18 May 2018
This is when this offer closes to investors.
The details
Key facts
Provider website
Intending to list
Yes
Issuer's industry
Other
Credit ratings
Credit ratings can help you understand whether your investment in bonds will pay or if you'll get your money back. They indicate the long-term ability of the issuer to repay its debts. See also the Reserve Bank's primer on credit ratings and a map of the three scales used by the rating agencies.
Investment credit rating
BBB+
(Standard & Poor's)
This is the credit rating for this particular bond or debt security.
Issuer credit rating
BBB+
(Standard & Poor's)
This is the credit rating for the organisation issuing the bond or debt security.
Maturity
Fixed Date
Rate
Fixed
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
CIAL Product Disclosure Statementdated 3 May 2018.pdf
How this investment works, including about the provider, risks, costs and potential returns
PDF, 5.14 MB
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Reconciliationof Non GAAP Financial Information.pdf
Reconciliation of Non-GAAP Financial Information
PDF, 150.17 KB
CIAL Final Terms Sheetdated 18 May 2018.pdf
Final Terms Sheet dated 18 May 2018
PDF, 439.10 KB
Fixed Rate Bond Offer Presentation.pdf
Investor Presentation
PDF, 3.13 MB
CIAL Indicative Terms Sheetdated 14 May 2018.pdf
Indicative Terms Sheet dated 14 May 2018
PDF, 440.05 KB
Additional details
Issuer details
Name
CHRISTCHURCH INTERNATIONAL AIRPORT LIMITED
Type
NZ Limited Company
Industry
Other
Website
NZBN
9429039502940
FSP Number
Credit rating
BBB+ (Standard & Poor's) on 12 Dec 2017
Supervisor
Name
PUBLIC TRUST
Offer details
Date registered
4 May 2018
Date opened
14 May 2018
Closing date
18 May 2018
Offer credit rating
BBB+ (Standard & Poor's) on 9 May 2018
Continuous issue
No
Further payments may be required
No
Restrictions on transfer
No
Restrictions on acquisition
No
Convertible product
No
Intending to list
Yes
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR12380: OFFER OF FIXED RATE 6 YEAR BONDS ISSUED BY CHRISTCHURCH INTERNATIONAL AIRPORT LIMITED