Brief: Channel Infrastructure NZ Launches Retail Bond Offer

Channel Infrastructure NZ

29/10/2023 19:32

Oct 30 (Reuters) - Channel Infrastructure NZ Ltd
 CHI.NZ :
    * LAUNCHES RETAIL BOND OFFER
    * OFFERING UP TO NZ$75 MILLION OF 6 YEAR, UNSECURED,
UNSUBORDINATED, FIXED RATE BONDS
    * OFFER HAS ABILITY TO ACCEPT OVERSUBSCRIPTIONS OF UP TO
ADDITIONAL NZ$25 MILLION AT CO'S DISCRETION
    * OFFER IS EXPECTED TO CLOSE ON 3 NOVEMBER 2023
    * INDICATIVE ISSUE MARGIN RANGE FOR BONDS IS 1.70% TO 1.85%
PER
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Further company coverage:  CHI.NZ