21 Aug 2012

Bond offer planned by Transpower

6:53 am on 21 August 2012

Transpower is planning a $200 million bond offer.

The national grid operator says it will offer two maturities, December 2015 and September 2019, and will accept oversubscriptions of a further $100 million.

The proceeds will be used for general business expenses.

The joint lead managers are ANZ and BNZ.