Tuesday 17th June 2008 |
Text too small? |
The board is considering making an offer of $125 million of first ranking, five-year, fixed rate secured bonds.
Forsyth Barr has been appointed arranger and organising participant, and Forsyth Barr and ANZ National Bank have been appointed joint lead managers.
The offer is expected to be underwritten up to $100 by Forsyth Barr Group and ANZ National Bank.
The interest rate payable on the Secured Bonds will be set following the closing of the Offer at the higher of either a minimum interest rate of 10.50% annually, or the aggregate of the prevailing five-year swap rate and the margin of 2.75%.
No comments yet
Devon Funds Morning Note - 17 February 2025
CEN - Delivering new renewables while supporting security of sup
Bremworth announces strategic review
AIA - January 2025 Monthly traffic update
PFI - Acquisition - 316 Neilson Street, Penrose, Auckland
RYM - Anthony Leighs to retire from Ryman Healthcare Board
Meridian Energy monthly operating report for January 2025
February 14th Morning Report
MCY - Interim results presentation details
FWL - Resignation of CEO and Director Mark Turnbull