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Transpower delays March 2025 tap due to COVID-19 crisis

Monday, 16 March 2020

On 16 March, Transpower New Zealand (AA-/Aa3) announced it is delaying the increase to its existing March 2025 line, revealed on 28 February, given the significant financial market volatility caused by COVID-19. The issuer says it will continue to monitor market conditions, according to Westpac Banking Corporation New Zealand Branch.

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