Northern Territory Airports (NTA), operator of Darwin International and Alice Springs airports, has secured a $350m bank facility from Australia and New Zealand Banking Group, National Australia Bank and Westpac Banking.

The bank facility will allow NTA to refinance its expiring debt of $225m and fund the expansion of Darwin’s terminal and apron, and Alice Springs’ apron overlay.

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In addition, NTA will enlarge the car parking and retail facilities at both airports over the next three to five years.

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