Tag: bonds
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Auckland Airport prices NZ$350m five-year bond at 4.74%
The unsecured fixed-rate bonds, code AIA300, mature on 17 November 2031 and are expected to begin trading on the NZX Debt Market on 18 November.
BusinessFinancial MarketsBankingEconomyTransportation Auckland International Airport LimitedAIA300bondsNZX Debt Marketfixed rate bondsANZ Bank New ZealandForsyth Barrfixed rate
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Auckland Airport Allocates NZ$350m Retail Bonds After Orderbook Tops NZ$390m
The five-year fixed rate bonds carry an issue margin of 0.75 per cent, and Auckland Airport has dropped its planned wholesale floating rate offer.
BusinessFinancial MarketsBankingTransportationEconomyLegal Auckland Airportretail bond offerbookbuildfixed rate bondswholesale offerJoint Lead ManagersRetail BondsNZX announcementbondsRetail OfferNZXwholesale bond offerNZX Debt MarketS&P Global RatingsFinancial Markets Conduct Act 2013
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Auckland Airport Weighs Up to NZ$350m in New Retail and Wholesale Bonds
Auckland Airport is considering five-year fixed rate retail bonds and floating rate wholesale bonds, with details due the week of 2 November and total issuance capped at NZ$350 million.
BusinessFinancial MarketsBankingEconomyTransportation Auckland Airportbondsretail offerwholesale offerNZX Debt MarketANZ Bank New ZealandBank of New Zealand
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Kiwi Property Prices NZ$200m Seven-Year Green Bonds at 5.62%
The offer, including NZ$50 million of oversubscriptions, drew NZ$395 million of demand at a 1.20% margin, roughly two times coverage.
BusinessFinancial MarketsBankingReal EstateEnvironment Kiwi Property GroupGreen BondsNZX Debt MarketS&P Global RatingsSustainable Debt FrameworkBondsNZX: KPGClive MackenziebookbuildNew Zealand debt capital markets