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Z issues bonds

Z Energy is making an offer of unsubordinated, secured, fixed rate bonds across two series.

Wednesday, October 19th 2016, 6:06PM

The offer is being made to New Zealand retail and institutional investors and holders of Z’s existing ZEL010 bonds which matured on October 15.

Just over $151 million is being offered across both series, for $1 each. The minimum application is $5000. Interest will be paid quarterly in arrears from February 1 next year.  Early bird interest will be paid at the rate applicable to each series.

Tags: bonds

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