Bank of New Zealand sets sights on euros

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By Bill Thornhill
14 May 2019

Bank of New Zealand (BNZ) has mandated leads for a roadshow ahead of a possible euro senior unsecured or covered bond benchmark.

BNZ chose Barclays, National Australia Bank and UBSfor a series of investor meetings across Europe starting on June 3. 

A benchmark senior unsecured deal in euros rated A1/AA-, or covered bond rated Aaa/—/AAA, with an intermediate tenor is expected to follow.

BNZ last visited the market in ...

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