Waitakere prints NZ$150 million as NZ councils return

A NZ$150 million (US$106.74 million) 2014 wholesale transaction from Waitakere City Council (Waitakere) (A+) is the largest of a trio of recent deals from New Zealand local authority issuers, with the deal's lead manager saying the sector might finally be primed to start meeting some of the unfulfilled demand for semi-government issuance in New Zealand.