A case for treasury consolidation
Apr 22, 2014
Top Tips: Get foreign investors to like you
Working closely with investors, lenders and ratings agencies is critical to maintaining a healthy avenue for funding. Auckland Council treasurer Mark Butcher outlines the best ways to get good pricing.
In November 2011, New Zealand’s Auckland Council had just been placed on CreditWatch negative by ratings agency Standard & Poor’s (S&P) after it announced the council would need to triple its debt burden in order to hit investment targets.
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