Fonterra bonds at 4.15%

Fonterra Co-operative Group Ltd set the interest rate for its issue of $100 million of 7-year unsubordinated, unsecured fixed rate bonds yesterday at 4.15%/year, a 1.35% margin over the underlying 7-year swap rate.

The bonds will be issued next Wednesday. There was no public pool for the offer.

Attribution: Company release.


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