PFI caps out at $150 million on bond bookbuild
First retail offer of the year ‘oversubscribed’, listed property company says.
Industrial landlord Property for Industry closed its offer for 5.5-year senior secured fixed rate bonds on Thursday, raising $150 million on strong institutional demand.
The first retail bonds offer on the NZX of the year, set at $100m at $1 a bond, had included the option to accept
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