Contact launches 5.5-year retail green bond

On 18 February, Contact Energy (Contact) (BBB by S&P) launched a 5.5-year green bond, for up to NZ$100 million (US$68.7 million), to institutional and New Zealand retail investors. The forthcoming deal has an indicative margin of 145-155 basis points over mid-swap, with the final margin to be set following a bookbuild on 22 February.