Oceania Healthcare lining up secured New Zealand dollar deal

On 25 September, Oceania Healthcare (NR), a New Zealand aged-care provider, revealed plans for a seven-year, NZ$75-125 million (US$49.1-81.9 million), senior-secured transaction. The offer is expected to open in the week commencing 5 October. Westpac Banking Corporation New Zealand Branch is arranger, as well as joint lead manager with ANZ, Craigs Investment Partners and Jarden Securities.