Arvida Group, an owner, operator and developer of retirement villages in New Zealand, revealed plans on 28 January for a NZ$75-125 million (US$53.7-89.4 million) seven-year retail bond. The transaction is expected to open on 9 February, with a rate set date on 12 February. ANZ is arranger and joint lead manager with Craigs Investment Partners, Forsyth Barr and Jarden Securities. The deal is the first New Zealand dollar corporate transaction announced for 2021.