Asia/Pacific

AIR NZ TO RAISE $150 MILLION FROM CORPORATE BOND ISSUE

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AIR NZ TO RAISE $150 MILLION FROM CORPORATE BOND ISSUE

Air New Zealand is reported to be preparing to issue a corporate bond next month. The airline hopes to raise as much as $150 million in its first corporate bond issuance since 1991. The bonds will mature on November 15, 2016 and the interest rate is yet to be set in consultation with joint lead mana...

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