Sky TV plans Kiwi bond

Last updated 13:28 18/02/2014

Relevant offers

Industries

Glen Sowry: Making his own luck Changing people seek healthy living partner Being the only woman on site takes its toll Electricity prices get a jolt as Transpower puts lake levels on watch Budget 2017: Nine years of spending under National Potential removal of Viaduct loading zones rattles local businesses Wage growth certainly wouldn't be described as hot, Prime Minister Bill English says Supreme Court rules investor in Ross Asset Management has to repay $454K $1.6 billion Waterview Connection's mystery opening date a 'few weeks away' Chart of the day: To build or renovate in Marlborough?

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