Awards for Kiwi broker

First New Zealand Capital has been awarded two gongs by finance industry media specialists FinanceAsia.

The Kiwi broker won Best Investment Bank - New Zealand and Best New Zealand Deal for its $273 million equity raising for Pyne Gould.

The judges recognised First NZ for completing rights issues for Nuplex, Fisher & Paykel Appliances and made particular note of its debt-raising work.

The firm arranged a $550 million five-year fixed-rate bond for Contact Energy, which was the largest ever BBB-rated issue in the country.

It was also joint lead manager on a subordinated note transaction for NZ Post, and a five-year bond for Wellington Airport.

- NZPA