News
The domestic market continues to provide opportunities for New Zealand corporate borrowers, with issuance up to NZ$1.2 billion by mid-May this year. Christchurch International Airport, which returned to local issuance on 19 May, says it was sufficiently confident in market conditions to take the first steps in its post-pandemic strategy of rebalancing its debt book toward capital markets.
Under a new partnership, BNZ will provide tailored green loans for Quadrent. BNZ will make an “ongoing stream” of loan transactions to the equipment financier to deliver a scheme allowing large New Zealand companies to lease technology equipment with sustainable disposal at the end of the lease term.
Australasian market deal flow picked up in the week ending 13 May with over A$3 billion (US$2.1 billion) priced across four securitisation transactions and Westpac Banking Corporation delivering another major-bank print.