New Zealand: Summerset raises NZ$150m from retail bond offering

Summerset Group Holdings, which develops, owns, and operates integrated retirement villages, has closed its fixed rate retail bond offer at a rate of 6.59% pa for six years. The bond offer was supported by retail and institutional investors and was scaled back after strong demand to an issue size of NZ$175m (US$108m), which included oversubscriptions…

You must be a HMI Subscriber to view this content.

Subscribe Now »