Sharechat Logo

Ryman Healthcare Limited (NZX: RYM) Offer Closed Announcement

Thursday 10th December 2020

Text too small?

Ryman Healthcare Limited today announced that, following a successful bookbuild, the issue size of its 6 year fixed rate bond offer has been set at $150 million. This includes oversubscriptions of $50 million, being an oversubscription of 50%.

All of the bonds have been allocated to intermediaries for distribution to their clients and there is no public pool available.

Ryman Chairman Dr David Kerr said he was very pleased with the strong support for Ryman’s inaugural retail bond issue. This is a key step for diversifying and extending the duration of our debt funding programme as we continue to grow and provide market leading retirement village and aged care facilities to New Zealanders and Australians.

The issue margin for the bonds has been set at 2.00% per annum and the interest rate for the bonds for the 6 year period has been set at 2.55% per annum.

The bonds will be issued on 18 December 2020 and will mature on 18 December 2026. The bonds are expected to be quoted on the NZX Debt Market under the ticker code RYM010.

See the links below for more details:

Ryman Offer Closed Announcement

Ryman - Final Terms Sheet - 10 December 2020

Source: Ryman Healthcare Limited

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
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.

Related News:

Napier Port Holdings Limited (NZX: NPH) 2021 Earnings Guidance Update
Comvita Limited (NZX: CVT) Full Year Guidance Update
Scott Technology Limited (NZX: SCT) Meat Industry Contract Win
PaySauce Limited (NZX: PYS) Quarterly Market Update
NZ Windfarms Limited (NZX: NWF) Agrees a New VVFPA for Q1 2022 to Q3 2022
Harmoney Corp Limited (NZX: HMY) 3Q21 Trading Update
Pacific Edge Limited (NZX: PEB) United Healthcare Issues Positive Coverage Cxbladder
Scott Technology Limited (NZX: SCT) 2021 Half Year Announcement
NZX Limited (NZX: NZX) Appoints Specialist Global Expert to Tech Committee
AFT Pharmaceuticals Limited (NZX: AFT) Secures New Partners in Poland and Greece