New Zealand
-
Westpac NZ issued a chunky €1bn euro covered bond on Thursday, with leads adopting a cautious approach to pricing at first, tightening the deal by 5bp in syndication to reach a record spread for a New Zealand issuer in euros. -
Citic CLSA Securities is expanding its capital markets footprint down under, hiring Michael Vercoe as its first head of ECM for Australia and New Zealand.
-
-
New Zealand’s ASB Finance was looking to add to a growing list of vanilla senior transaction from banks on Wednesday, hoping to raise new funding at an attractive level versus its Australian peers.
-
Goldman Sachs has given additional client coverage responsibilities to its Australia and New Zealand co-heads of investment banking services (IBS) Joe Fayyad and Zac Fletcher, according to two memos on Tuesday seen by GlobalCapital Asia.
-
Citi has named Ian Campbell a managing director and head of DCM for Australia and New Zealand, according to a memo seen by GlobalCapital Asia.
-
Auckland Council on Thursday pulled off a 7bp tightening for its first ever public deal in euros. The trade was joined in the market by paper from the City of Hamburg and Bpifrance Financement.
-
-
-
Investment grade corporate issuers hit the euro bond markets in force on Tuesday with five primary transactions in play, but defensive deal sizes characterised the frantic flow.
-
Auckland Council has selected a pair of banks to arrange a roadshow for a bond denominated in either euros or sterling.
-
ASB Bank extended its euro curve with a tightly priced seven year. But with half the demand that was seen in the previous seven year from a New Zealand bank, its size ambition was thwarted.
