HSBC NZ to bring new three-year domestic FRN

Thursday, 15 November 2018

On 15 November, HSBC New Zealand (HSBC NZ) (AA-/Aa3) revealed plans for a new, three-year domestic floating-rate note (FRN) transaction, to be led by BNZ, HSBC and Westpac Banking Corporation New Zealand Branch. The deal is expected to launch early in the week beginning 19 November.