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Rabo caps PIE offer

Thursday 30th of April 2009

It also says that the margin on its offer  had been set at 3.75% after the bookbuild process, meaning the total rate on the securities will be around the 8.53% mark.

Rabo is providing a public pool of $35 million and has allocated $295 million on a firm and reserved basis through NZX participants and to institutional investors.

The PIE Capital Securities - which are expected...

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