Auckland International Airport to Raise Up to $861.8 Million for New Terminal

Sep 16, 2024, 03:02 AM

New Zealand's Auckland International Airport has announced plans to raise up to $861.8 million through an equity raise. This capital will be used to fund the construction of a new terminal, as part of a contract the airport has recently signed. The equity raise amounts to NZ$1.4 billion. The move is aimed at expanding and modernizing the airport's infrastructure to meet growing demand.