Fonterra plans $250 mln bond offer

17:31 January 20, 2010Article1 comment

Article – Businesswire

Fonterra plans $250 mln bond offer Jan. 20 (BusinessWire) – Fonterra, the New Zealand dairy cooperative, is to raise up to $250 million in senior unsecured bonds over February and March, the company said in a preliminary announcement today.

Fonterra plans $250 mln bond offer

Jan. 20 (BusinessWire) – Fonterra, the New Zealand dairy cooperative, is to raise up to $250 million in senior unsecured bonds over February and March, the company said in a preliminary announcement today.

The proceeds will be applied to general business purposes, including partial replacement of a Euro300 million Euro Medium Term Note that matures in April.
Joint lead managers for the issue will bd ANZ Bank, Bank of New Zealand, and Westpac Institutional Bank.
A simplified disclosure prospectus is being prepared and no money is yet being sought.
(BusinessWire) 17:33:19

Content Sourced from scoop.co.nz
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