Mercury plans subordinated New Zealand dollar deal
- Friday, 07 June 2019
On 7 June, Mercury revealed plans for a NZ$300 million (US$198.7 million) subordinated-capital transaction to New Zealand retail and institutional investors. Full details for the transaction are expected to be released in the week beginning 10 June, when the offer opens. Forsyth Barr is arranger for the transaction and joint lead manager alongside BNZ and Deutsche Craigs.
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