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South Canterbury Finance plans NZ$100 mln bond issue

Posted in News November 26, 2008 - 02:29pm, Bernard Hickey

South Canterbury Finance has announced plans to raise up to NZ$100 million through an issue of government guaranteed bonds with an 8% interest rate and with an October 8, 2010 maturity date. The issue of NZDX listed bonds is being lead managed by Forsyth Barr.

* This article was first published earlier today in our daily subscription newsletter for the banking and finance industries. The email costs NZ$365 per annum and carries exclusive news and analysis for New Zealand banking and finance industry executives, regulators and investors. Sign up for a free trial here.

 

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