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What base interest rate was used to price the senior private debt for the Warkworth to Te Hana public-private partnership at financial close on 30 July 2026, and what was the value of that rate at financial close?

Answered Question 36224 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What base interest rate was used to price the senior private debt for the Warkworth to Te Hana public-private partnership at financial close on 30 July 2026, and what was the value of that rate at financial close?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I refer the Member to my response to Written Parliamentary Question 35865 (2026) Disclosure could prejudice NZTA's commercial position by revealing the contractor’s financing arrangements, and could adversely affect future NZTA procurement processes by providing prospective bidders and financiers with insight into commercially sensitive market information