GR_Special Report

Solid metal fixed interest alternative

Monday 31st of July 2006
It is hoping to raise up to $200 million for the fund which will be listed on the NZDX market. The fund is expected to pay 8.20% a year over its five year term.

The company is seeking a Standard and Poor's rating on the bonds. This will not be made until the bonds are listed on 14 September, but it is expected to be a "high investment grade."

Macquarie’s head of alterative assets,...

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