Tuesday 20th December 2011 1 Comment |
Text too small? |
Contact Energy sold $200 million of long-life bonds with a coupon of 8 percent, the minimum level of interest it flagged last month.
The 2042 bonds will pay that rate of interest through until Feb. 15, 2017, when Contact has the right to redeem the bonds or reset the interest rate at a ‘step-up margin’, which is the margin plus an annual step-up percentage of 0.25 percent.
BusinessDesk.co.nz
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills
GTK - Half-Year Results Announcement Date
Government ends war on farming
Sky and BBC Studios renew expanded, multi-year agreement
AOF - Q1 Improved Trading Performance & FY24 Guidance Maintained