Following a successful bookbuild process for its bond offer, Transpower New Zealand Limited confirmed today that the offer of bonds due 14 March 2024 has closed and NZ$150 million has been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer.
The issue margin for the bonds has been set at 0.75 per cent per annum and the interest rate will be announced later today, with the final pricing supplement to follow.
For assistance, please contact:
Senior Corporate Communications Advisor, Transpower
(04) 590 6721; 027 5653 783.