Kiwi Property launches seven-year deal
- Monday, 29 October 2018
On 29 October, Kiwi Property Group (Kiwi Property) (BBB by S&P) launched a NZ$100-125 million (US$65.2-81.6 million) seven-year bond offer to institutional and New Zealand retail investors. Indicative price guidance for the forthcoming deal is 145-155 basis points over mid swap. The bonds are expected to be rated BBB+.
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