Westpac NZ launches three-year domestic deal

On 7 February, Westpac New Zealand (Westpac NZ) (AA-/A1/AA-) launched a minimum NZ$100 million (US$68.3 million) three-year domestic deal to retail and institutional investors. The self-led transaction has an indicative margin of 85 basis points area over bank bills, with pricing due the day after launch.

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