TrustPower signals bond sale

Published: 9:07PM Wednesday November 18, 2009 Source: NZPA

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  TrustPower logo - Source: www.trustpower.co.nz

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TrustPower Ltd is signalling a sale of five-year bonds and will also sell seven-year bonds, if there is demand.

ANZ and Craigs Investment Partners have been appointed lead managers of the proposed issue.

The five-year bonds will mature December 15, 2014 and the seven-year bonds on December 15, 2016.

The interest rate will be announced before the offer opens.

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