ANZ NZ revises price guidance for five-year domestic deal

On 14 March, ANZ New Zealand (ANZ NZ) (AA-/A1/AA-) revised the price guidance for its self-led, five-year, indicative NZ$100 million (US$68 million) transaction to 105-108 basis points area over mid swap, having launched with a guidance range of 105-110 basis points area on 11 March. Final margin and interest rate are expected to be set later today, at the completion of the bookbuild process.