Metlifecare announces seven-year New Zealand domestic deal

On 6 September, Metlifecare revealed plans for a new seven-year, NZ$75-100 million (US$47.8-63.7 million) deal, offered to New Zealand retail and institutional investors. The transaction is expected to launch on 16 September. Westpac Banking Corporation New Zealand Branch is arranger and joint lead manager alongside Deutsche Craigs, Forsyth Barr and Jarden Securities.