Vector proceeds with six-year domestic deal
- Friday, 10 May 2019
On 10 May, Vector (BBB/Baa1) revealed an indicative margin of 165-175 basis points over mid-swap for its forthcoming NZ$200-250 million (US$131.9-164.9 million) six-year deal. The transaction is due to open on 13 May, with the final margin and interest rate to be set on 16 May. ANZ, Deutsche Craigs, Forsyth Barr and Westpac Banking Corporation New Zealand Branch are joint lead managers.
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