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Current as of 03/09/15 08:19AM NZST

Air New Zealand prepares for bond sale

Photo / Janna Dixon
Photo / Janna Dixon

Air New Zealand will seek to raise $150 million by selling bonds.

The majority government-owned airline said the money raised would be used for general business purposes.

The joint lead managers of the bond sale, which is yet to open or be priced, will be First NZ Capital Securities and Craigs Investment Partners.

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