Summerset joins New Zealand corporate pipeline

On 31 August, Summerset Group Holdings revealed plans for a NZ$100-150 million (US$67.4-101 million), seven-year domestic deal to be offered to institutional and retail investors. Full details of the transaction are expected in the week beginning 7 September. ANZ is arranger, and joint lead manager alongside Craigs Investment Partners, Forsyth Barr and Jarden Securities.