Oceania Healthcare launches seven-year domestic deal

On 5 October, Oceania Healthcare launched a NZ$75-125 million (US$49.8-83.1 million), seven-year, senior-secured transaction. The forthcoming deal has an indicative margin range of 200-220 basis points over mid swap and is expected to price on 9 October. Westpac Banking Corporation New Zealand Branch is arranger, and joint lead manager alongside ANZ, Craigs Investment Partners and Jarden Securities.