Auckland Airport says it's had no shortage of interest in its $1.4 billion capital raise.

It will use the money to drive down debt and upgrade the airport, runway, and other infrastructure dating back to the 1960s.

The upgrade is expected to take about five years to complete.

Auckland Airport Chief Executive Carrie Hurihanganui told Mike Hosking the capital raise had been signalled to the market.

She says there's been a very positive response from institutional investors and will start seeking retail investors today.

LISTEN ABOVE

Auckland Airport says it's had no shortage of interest in its $1.4 billion capital raise. 
It will use the money to drive down debt and upgrade the airport, runway, and other infrastructure dating back to the 1960s. 
The upgrade is expected to take about five years to complete. 
Auckland Airport Chief Executive Carrie Hurihanganui told Mike Hosking the capital raise had been signalled to the market. 
She says there's been a very positive response from institutional investors and will start seeking retail investors today. 
LISTEN ABOVE

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Carrie Hurihanganui: Auckland Airport CEO on the interest in its $1.4 billion capital raise

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d365a2c0-39f0-4a07-b5f7-b1ed01448d4b/transcript

Auckland commuters can also expect disruption tonight as Eden Park plays host to Coldplay. 

More than 50,000 people are expected to attend tonight's concert. 

Extra flights and public transport services are being scheduled, but there will be heavy traffic and road closures around Eden Park this afternoon. 

Chief executive Nick Sautner told Mike Hosking they're excited to be involved. 

He says the tour's been running since March 2022, and after looking at rehearsals last night, he thinks it will be unforgettable. 

LISTEN ABOVE 

Auckland commuters can also expect disruption tonight as Eden Park plays host to Coldplay.&nbsp;
More than 50,000 people are expected to attend tonight's concert.&nbsp;
Extra flights and public transport services are being scheduled, but there will be heavy traffic and road closures around Eden Park this afternoon.&nbsp;
Chief executive Nick Sautner told Mike Hosking they're excited to be involved.&nbsp;
He says the tour's been running since March 2022, and after looking at rehearsals last night, he thinks it will be unforgettable.&nbsp;
LISTEN ABOVE&nbsp;

Nick Sautner: Eden Park CEO ahead of this week's Coldplay concerts

Abuse in care survivors are united in their desire for urgent action following the Government's apology. 

Prime Minister Christopher Luxon has proposed renaming streets and public amenities that are named after known abusers and establishing a National Remembrance Day. 

He's also committing $32 million into the existing settlement process. 

Criminal barrister Rosemary Thomson —a Lake Alice survivor— told Mike Hosking some survivors are sceptical, while others want to give the Government the benefit of the doubt. 

She says everyone agrees redress is urgent, as the survivors are getting older, and generally aren't in good health. 

LISTEN ABOVE 

Abuse in care survivors are united in their desire for urgent action following the Government's apology.&nbsp;
Prime Minister Christopher Luxon has proposed renaming streets and public amenities that are named after known abusers and establishing a National Remembrance Day.&nbsp;
He's also committing $32 million into the existing settlement process.&nbsp;
Criminal barrister Rosemary Thomson —a Lake Alice survivor— told Mike Hosking some survivors are sceptical, while others want to give the Government the benefit of the doubt.&nbsp;
She says everyone agrees redress is urgent, as the survivors are getting older, and generally aren't in good health.&nbsp;
LISTEN ABOVE&nbsp;

Rosemary Thomson: Criminal Barrister and Lake Alice Survivor on the need for redress for the survivors of abuse in care

Police units around the country will be taking a proactive approach to the Government's new gang patch ban. 

Patches and insignia will be banned in public places from Thursday next week. 

Police Assistant Commissioner Paul Basham says Police have been speaking with gang leaders, and have made it clear that anyone breaching the law can expect a response. 

He told Mike Hosking that dedicated units will respond to reports of law-breaking, gather intelligence, and work with other branches of Police. 

He says they'll also take opportunities to reduce the ability of gangs to operate, and cause fear and intimidation. 

LISTEN ABOVE 

Police units around the country will be taking a proactive approach to the Government's new gang patch ban.&nbsp;
Patches and insignia will be banned in public places from Thursday next week.&nbsp;
Police Assistant Commissioner Paul Basham says Police have been speaking with gang leaders, and have made it clear that anyone breaching the law can expect a response.&nbsp;
He told Mike Hosking that dedicated units will respond to reports of law-breaking, gather intelligence, and work with other branches of Police.&nbsp;
He says they'll also take opportunities to reduce the ability of gangs to operate, and cause fear and intimidation.&nbsp;
LISTEN ABOVE&nbsp;

Carrie Hurihanganui: Auckland Airport CEO on the interest in its $1.4 billion capital raise

In 1 playlist(s)

The Mike Hosking Breakfast

Social links

Follow podcast

Recent clips