Interest rate set in Sky TV bonds

00:05, Feb 28 2014

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.

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