Tuesday 9th December 2008 |
Text too small? |
The meat processor said the breach reflects the "recent rapid decline" in the New Zealand dollar against the U.S. dollar.
The covenant in breach relates to minimum levels of shareholder funds.
Silver Fern said it has requested a waiver from its banks and the banks are considering revising the covenant "to accommodate such volatility." The breach doesn't apply to the company's exchange traded bonds.
No comments yet
TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report