Ryman Healthcare Limited (NZX: RYM) Lodgement of PDS for Retail Bond Offer

Ryman Healthcare Limited (Ryman) has announced an offer of up to $100 million (with the ability to accept oversubscriptions of up to an additional $50 million at Ryman’s discretion) of 6 year, fixed rate bonds to New Zealand institutional and retail investors. The bonds will be unsubordinated obligations of Ryman, and will have the benefit of a guarantee and security package provided by the Ryman guaranteeing group.

The offer is expected to open on 7 December 2020 and close on 10 December 2020.

There is no public pool for the offer, with all of the bonds being reserved for clients of the Joint Lead Managers, NZX participants and other approved financial intermediaries.

See the links below for more details:

NZX Lodgement Announcement

Ryman - Product Disclosure Statement dated 26 November 2020

Ryman - Indicative Terms Sheet dated 26 November 2020

Ryman - Presentation dated 26 November 2020

Ryman - Letter to shareholders

Source: Ryman Healthcare Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Infratil releases Climate Related Disclosures
The Warehouse Group Appoints Chief Digital & Transformation
The Financial Collapse Has Already Begun - Will You Be Caught Off Guard?
NWF - IMPLEMENTATION OF SCHEME OF ARRANGEMENT
EROAD Publishes FY25 Group Climate Statement
Synlait provides performance update
Air New Zealand Chief Executive Officer Appointment
July 30th Morning Report
IKE 1Q FY26 Performance Update
July 29th Morning Report