Christchurch Airport Sets Interest Rate for Bond Offer

Christchurch International Airport Limited - Interest Rate Set Christchurch International Airport Limited ("CIAL") today announced that, following a successful bookbuild for its offer of 7 year, unsecured, unsubordinated, fixed rate bonds ("Bonds"), NZ$125,000,000 of Bonds have been allocated to clients of the Joint Lead Managers, Primary Market Participants and other approved financial intermediaries. This includes oversubscriptions of NZ$25,000,000. There was no public pool for the offer. The interest rate for the Bonds will be 5.44% per annum, reflecting a margin of 1.05% per annum over the underlying swap rate. The Bonds are expected to be quoted on the NZX Debt Market under the ticker code CHC030. The Bonds will be issued on 15 April 2024 and will mature on 15 April 2031. A copy of the final terms sheet for the Bonds will be provided to NZX shortly and will also be available at https://www.christchurchairport.co.nz/about-us/who-we-are/financial-reports/b ond-offer/. ENDS For further information: Tim May Chief Financial Officer Mobile: +64 21 228 3505 Email: tim.may@cial.co.nz End CA:00429139 For:CHC Type:OFFER Time:2024-04-05 12:16:59