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Christchurch City adds fibre-optic UOP to New Zealand sustainable debt
Funds from Christchurch City Holdings’ use-of-proceeds sustainability bond are linked to the construction of a fibre-optic network by Enable, one of Christchurch City’s portfolio companies. Deal sources say the NZ$150 million deal is significant one because it supports a range of environmental and social outcomes.
Deal and ratings review, week ending 5 November 2021
Deal flow was limited in the week ending 5 November, with only a handful of transactions hitting the Australian market and one on the other side of the Tasman Sea.