Care home operator Metlifecare has set the indicative margin for its NZ$75m (US$47.8m) maiden offer of seven-year fixed rate retail bonds at 1.8% to 1.9% over the underlying swap rate, subject to a minimum interest rate of 3% per annum. The issue has the ability to accept oversubscriptions of up to an additional NZ$25m and…
Home Healthcare Markets International Business New Zealand: Metlifecare sets margin for retail bond issue