Friday 5th October 2012 |
Text too small? |
Auckland Council, New Zealand's biggest local body after its amalgamation of eight of the region's councils into one in November 2010, is seeking public feedback as it mulls an offer of fixed-rate secured bonds.
The bonds would form part of the council's overall borrowing programme to fund its investment in the region, it said in a statement. The money will be used to improved public transport, sports fields, new libraries and community facilities.
The supercity has appointed Australia & New Zealand Banking Group and Bank of New Zealand as joint lead managers and full details of the bond issue will be released on Oct. 8.
The council's commercial interests include Ports of Auckland, Auckland Film Studios and a 22.4 percent shareholding in Auckland International Airport.
BusinessDesk.co.nz
No comments yet
CDC Independent Valuation - 30 June 2025
TruScreen Group Limited SPP Update
THL provides updated guidance
CEN - Greymouth gas deal
July 4th Morning Report
July 3rd Morning Report
ikeGPS Chief Financial Officer Transition
TWL - TradeWindow announces strategic partnership with FTA
BLT - Patent issue settled and new 5 year agreement with BSP
July 2nd Morning Report