Argosy and T R Group launch New Zealand dollar deals

On 27 February, Argosy Property (Argosy) revealed an indicative margin of 175-190 basis points over mid swap for its forthcoming NZ$75-100 million (US$51.7-69 million) seven-year green-bond transaction. The final margin and interest rate is set to be announced following a bookbuild on 6 March. ANZ is arranger for the deal and joint lead manager alongside BNZ, First NZ Capital and Forsyth Barr.