Christchurch launches six-year domestic deal

Monday, 19 November 2018

Christchurch City Holdings (Christchurch) (A+ by S&P) launched a NZ$100-150 million (US$68.6-102.9 million) six-year domestic deal on 19 November. The forthcoming deal has an indicative margin of 85-95 basis points over swap, with the margin and interest rate to be set following a bookbuild scheduled for 21 November. Arranger and lead manager is Westpac Banking Corporation New Zealand Branch. ANZ is also a lead manager.