Asian demand still in NIB Kauri ahead of Chinese new year [UPDATED]
- Friday, 12 February 2010
A new Kauri deal priced by Nordic Investment Bank (NIB) (AAA/Aaa) saw Asian investors accounting for over a third of the book despite slowing markets ahead of the Chinese new year holiday. The February 12 transaction was for NZ$150 million (US$104.55 million) in a new February 2014 line and was lead-managed by ANZ and BNZ.
