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Telecom NZ issues NZ$200 mln in 7-year notes

WELLINGTON | Thu Oct 18, 2012 11:21pm EDT

WELLINGTON Oct 19 (Reuters) - Telceom New Zealand, the country's dominant telecommunications company, on Friday issued NZ$200 million ($164.06 million)in seven-year notes, which will be used to refinance debt.

Telecom said the notes, which have a 5.25 percent coupon, will mature in October 2019.

($1 = 1.2191 New Zealand dollars) (Gyles Beckford)

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