Goodman Fielder completes bookbuild as NZ corporate market wakes

Goodman Fielder New Zealand (Goodman Fielder) (NR) announced on October 26 that it has completed the bookbuild of its forthcoming issue of May 2016 maturity bonds having upsized the offer to its maximum volume of NZ$250 million (US$187.9 million). The transaction has also had its interest rate set at the higher of 7.25 per cent or the benchmark swap rate on November 18 this year plus 280 basis points.