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

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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.

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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,...

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