On 22 November, Synlait Milik (Synlait) revealed plans for a five-year, subordinated, retail bond deal for NZ$150-200 million (US$96-128 million). Full details for the transaction are expected in late November or early December. ANZ and Jarden Securities are arrangers for the deal and are joined as lead managers by Deutsche Craigs and Forsyth Barr.

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