Mercury readying New Zealand green-bond deal
- Friday, 21 August 2020
On 21 August, Mercury (BBB+ by S&P) revealed plans for a NZ$150-200 million (US$98-130.7 million) seven-year, green-bond transaction, offered to institutional and New Zealand retail investors. ANZ is arranger and green-bond coordinator as well as joint lead manager alongside BNZ, Craigs Investment Partners and Forsyth Barr. The offer is expected to launch on 31 August.
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