Interest rate set in Sky TV bonds
Sky Television has set the interest rate that will be payable on its $100 million bond issue at 6.25 per cent.
Interest on the unsubordinated fixed-rate bonds, which mature in March 2021, will be payable quarterly in arrears. The minimum investment will be $5000.
Sky has applied for permission to have the bonds quoted on the NZX debt market.
- Fairfax Media