IFT - Infratil

[Bjauck]

'Seriously challenged' Wellington Airport in talks with banks

"That said, Bogoievski said it was prudent to wait until the full-year result in May to determine whether the full dividend should be paid."Knowing what we know today, I would expect to still pay out a substantial portion of that."

Sounds like Infratil is well-placed to underwrite the Wellington Airport capital needs. Unlike many NZ companies it is still intending to pay a dividend. AIA has already had talks with its bankers and then undertook a capital raising.