Sharechat Logo

Air New Zealand Limited Retail Bond Offer Books Close

Thursday 20th October 2022

Text too small?

Following the successful bookbuild process for its offer of 5.5 year, unsubordinated, unsecured, fixed rate bonds (Bonds), Air New Zealand Limited confirms today that the offer has closed and NZ$100 million of Bonds have been allocated to participants (or their clients) in the bookbuild process.

There was no public pool for the offer (whether via an online website, platform or otherwise), with all of the Bonds (including oversubscriptions) allocated to clients of the Joint Lead Managers (JLMs), institutional investors and other primary market participants invited to participate in the bookbuild.

The issue margin for the Bonds has been set at 1.50% per annum and the interest rate will be announced later today along with the release of the final terms sheet.

Investors should contact a JLM as listed below or their usual financial adviser for more details.

Air NZ Retail Bond Offer Books Close



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

PaySauce Quarterly Market Update - September 2024
October 2nd Morning Report
Rua Releases Annual Report for Year Ended 30 June 2024
SCL - Settlement of orchard sales
The Warehouse Group 2024 ASM and Director Nominations
AIR - Update on Chief Operational Integrity and Safety Officer
Comvita Limited - Annual Report 2024
September 27th Morning Report
Spark announces departure of Finance Director
FBU - Retail Entitlement Offer Opens