Sky TV plans Kiwi bond

Last updated 13:28 18/02/2014

Relevant offers

Industries

Year of the Rooster something to crow about as 54K Chinese celebrate New Year in NZ Biomass survey sounds warning for southern scallop recovery Boneface boosts Upper Hutt's brewing hub 2degrees gives free calls and texts in response to upgrade frustration Building conference to look at better, faster, cheaper construction The dawn of the unstructured era will change CFO roles Automated odds and more betting options a win-win, says TAB boss 2degrees customers struggling to top-up for almost two weeks Smartphone users told to put down devices - for 5 hours Church's $320m empire can't be used for Christ Church Cathedral restoration

Sky Television plans to make a bond offer of up to $100 million to New Zealand investors.

The NZX-listed paid television network this morning announced it was seeking indications of interest on the proposed offer of the unsecured unsubordinated seven-year fixed-rate bonds.

ANZ has been appointed arranger, organising participant and is the joint lead manager of the offer.

Bank of New Zealand and Westpac have also been appointed joint lead managers.

Sky TV already has $200m in bonds listed on the New Zealand stockmarket, with a maturity date of October 16, 2016.

The company was paying interest of 3.62 per cent a year on its existing listed bonds.

Full details of the offer would be released within the next two weeks.

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content