Sharechat Logo

SkyCity Entertainment Group Limited (NZX: SKC) Fixed Rate Bond Offer Interest Rate Set

Monday 17th May 2021

Text too small?

SkyCity Entertainment Group Limited today announced that, following the successful bookbuild for its offer of 6 year, unsecured, unsubordinated, fixed rate bonds maturing on 21 May 2027, NZ$175 million of bonds have been allocated to participants in the bookbuild process. There was no public pool for the offer.

The interest rate for the bonds has been set at 3.02% per annum. This reflects an issue margin of 1.60% per annum over the underlying swap rate.

The bonds are expected to be quoted on the NZX Debt Market under the ticker code SKC050.

A copy of the terms sheet (updated for the interest rate set out above) has been provided to NZX with this announcement and that terms sheet and other related documents concerning the bonds are also available through

A copy of the PDS is also available at and on the Disclose Register at under SkyCity’s offer number OFR13093. There are restrictions on offering, issuing or selling bonds outside New Zealand, as set out in the Disclose Register entry for the offer.

Please see the links below for details

Cover Note

Market Release

Final Terms Sheet

Source: SkyCity Entertainment Group 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:

NZME celebrates significant digital subscription milestone
GSH - Acquisition of Viaduct venue
DGL - Delisting from the Main Board of NZX Limited
KPG Annual Meeting 2022 presentation and address
NZL - Completion of Retail Bookbuild
ArborGen Announces Board Change
Oceania announces $500m sustainability-linked loan
MFB - Nomination of Cecilia Robinson
29th June 2022 Morning Report
GSH Appointment of new Chairman