Infratil, the energy, airport and transport investor, posted a 5.3 percent drop in pretax earnings, meeting guidance, on a weaker contribution from Trustpower and Infratil Energy Australia Group. The company reiterated earnings will grow in 2015. Earnings before interest, tax, depreciation, amortisation and fair value movements were $500 million in the year ended March 31, down from $528 million a year …

Auckland International Airport, the nation’s busiest gateway, plans to sell $150 million of seven-year bonds that will trade on the NZX, completing the long-term debt funding of last month’s capital return. A seven-year bond would mature in 2021, making it the longest maturity the airport company has listed on the NZX Debt Market and adding to its five existing exchange-traded …

The New Zealand dollar fell to a week low as the greenback strengthened against its major counterparts in anticipation the world’s largest economy is improving. The kiwi touched 86.02 US cents over the weekend, and was trading at 86.16 cents at 8am in Wellington, from 86.10 cents at the New York close and 86.35 cents at 5pm on Friday. The trade-weighted index edged …