Trustpower sets rate for seven-year domestic deal
- Friday, 05 July 2019
On 5 July, Trustpower (NR) completed the bookbuild for its NZ$100-125 (US$70.2-87.8 million) seven-year senior-unsecured domestic deal. The interest rate has been set at the minimum, 3.35 per cent, after launching with a margin range of 175-185 basis points over mid swap. The offer is set to close on 24 July. Deutsche Craigs and Forsyth Barr are joint lead managers.
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