More corporates in NZ but guarantee fee slashed as takeup lags
- Thursday, 29 January 2009
The retail deal pipeline remains strong in New Zealand at the start of 2009 with market participants anticipating strong demand for the transaction Fonterra (A+/AA-) announced at the end of last year and a number of additional deals in the offing, including a possible return to the hybrid market by Bank of New Zealand (AA/Aa2) (BNZ).
