Sky TV plans Kiwi bond

Last updated 13:28 18/02/2014

Relevant offers

Industries

Bridgecorp receiver's $20m claim dismissed Dunedin - the first Gigatown in Australasia Air NZ considering new US route Enable's 2015 targets in sight Ledger puts accountants on same page Windflow aims another blow at NZ Windfarms Skellerup gets OK for Wigram rubber factory Christchurch bans R18 shops in suburbs Ryman renames village after Essie Summers Trilogy turns a profitable half-year

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