Wellington International Airport Limited (WIAL) has announced an offer of up to $50 million fixed rate bonds (Bonds) with the option to accept over-subscriptions of up to an additional $25 million.

The Bonds will have an interest rate of 6.25 % p.a. and will have a maturity date of 15 May 2021. The minimum application amount in respect of the Bonds is $10,000 and in multiples of $1,000 thereafter.

The offer will open on 24 October 2013 and close on 11 November 2013.