Contact sets final rate on upsized subordinated retail offer [UPDATED]
- Wednesday, 02 November 2011
On November 22 Contact Energy (Contact) (BBB/BBB) completed the bookbuild for its subordinated retail transaction having added NZ$25 million (US$18.7 million) of oversubscriptions to the initial NZ$150 million volume. The final deal size of NZ$200 million was announced on December 20. The deal's coupon was also set at 8 per cent until the first reset date.
