On 26 August, Transpower New Zealand (Transpower) (AA-/Aa3) launched a NZ$100-150 million (US$63.8-95.7 million) six-year domestic deal to institutional and New Zealand retail investors. Indicative price guidance for the forthcoming deal is 72-77 basis points over mid swap, with the final margin and interest rate to be set on 28 August. ANZ is leading.
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