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Arvida opens $125m bond issue to retail investors

Interest rate to be set at bookbuild.

The first bond sale for 2021 has opened on the NZX, with Arvida Group offering up to $125 million in retail bonds to pay down its bank debt.

The aged care operator’s offer is for up to $75m – with the ability to accept up to $50m in oversubscriptions at Arvida’s discretion – of

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Arvida opens $125m bond issue to retail investors
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