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Infratil, the listed infrastructure investor, is seeking up to $100 million in a nine-year infrastructure bond offer, which it plans to put toward "general corporate purposes." The Wellington-based firm is seeking $25 million in an unsecured,
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The interest rate for the bonds has been set at 4.41% per annum, payable semi-annually in arrears. We are very pleased with the outcome of the bond issue and the continued support from investors in Auckland Council, says Treasurer Mark Butcher. It is
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Auckland International Airport, the country's major gateway, plans to launch a $100 million bond offer and has asked for early expressions of interest. The unsecured, unsubordinated fixed rate bonds are expected to be seven-year notes, the airport
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Kiwibank has set the interest rate and margin for the Subordinated Bonds. The interest rate will be 5.80% per annum for the first five years until the rate reset date of 15 December 2017 and the margin is 2.77% per annum. The offer opens on Wednesday
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The terms of the Subordinated Bonds will be structured to be recognised as tier 2 regulatory capital. Interest in the offer may be registered by contacting one of the syndicate members (below) or your usual financial adviser. Craigs Investment
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PhilippinesConglomerate Ayala Corp. has obtained a triple A credit rating from local credit watcher Philippine Rating Services Corp. for its proposed bond offer of up to P10 billion worth of seven-year bonds. The proposed bonds, which will fall due
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Power Finance Corporation (PFC) and the lapping up of local bonds by foreign funds. Some see it as the signs of a retail market for bonds taking off as scores of investors scrambled to put money in a relatively risk-free product being sold by quasi-
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The net proceeds of the Capital Bonds offer will be used by Genesis Energy as part of the funding for the acquisition of the Tekapo A and B power stations, which comprise the 25MW Tekapo A power station, the 160MW Tekapo B power station and the
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This is the opinion of Kim Rebecchi, the firm's sales and marketing director, who lauded the way that it combines access to funds with a competitive rate of interest. She pointed out that there is no need to open a linked account to put their cash
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Warehouse get $100m bond offer away 28 April (BusinessWire)- The Warehouse Group has announced the successful completion of its $100 million bond offer, and closed fully subscribed today. The bonds carry an interest rate of 7.37%, set according today'
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