Contact almost doubles deal size as Kiwi investors continue coupon hunt
- Saturday, 07 March 2009
On March 5, Contact Energy (BBB) (Contact) announced an upsized allocation of NZ$550 million (US$275.8 million) for the 2014 maturity deal it opened earlier in the week, with New Zealand intermediaries saying retail demand for corporate bonds remains vibrant – provided they come accompanied by an attractive coupon.
