AMP Office sets rate at low-end of range

The notes will be listed from Thursday and convert to ordinary units in the trust on June 30, 2007.

The money raised in the issue would help fund the trust's purchase of two Wellington buildings, Mobil on the Park and the State Insurance Tower.

Last week ANZO said its investors had taken up just over 93% of the $95.2 million worth of notes in a pro rata rights issue.

The issue's underwriter, ABN AMRO Rothschild, had received strong demand for the shortfall of almost 6.6 million notes and allocated the full amount to a syndicate of institutions and retail brokers.

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