APN Media launches NZ$150-200 million domestic deal

APN Media (NR) launched what many market participants expect will be the final New Zealand retail corporate transaction of 2010 on November 8, announcing the forthcoming sale of a minimum of NZ$150 million (US$118.2 million) of March 2016 bonds. The deal, which has room for an upsize of up to NZ$50 million, will have its margin set on November 12 and will be issued on December 15.