Watercare brings NZ$200 million in five- and seven-years
- Friday, 08 May 2009
Watercare Services will issue a total of NZ$200 million (US$118.74 million) of five- and seven-year maturity bonds in an institutional deal on May 15. The transaction is supported by a guarantee from Auckland City Council (AA) (Auckland City) and as a result has been given a double-A rating by Standard & Poor’s.
