Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Sky Television Proposed Capital Notes Issue


Media Release
Thursday 23 August 2001

Announcement To The New Zealand Stock Exchange


Proposed Capital Notes Issue

SKY Network Television Limited


SKY Network Television Limited (“SKY”) is pleased to announce its intention to undertake a capital notes issue to New Zealand investors. It is envisaged that the issue will raise a minimum of $100 million and will be underwritten.

The Chairman of SKY, Tom Mockridge, said “The capital note issue will provide SKY with useful additional sources of capital to assist with funding the ongoing growth of the business.”

JBWere (NZ) Limited has been appointed lead manager and underwriter to the issue.

Further details of the terms of the issue will be announced in early September closer to the date of the issue.


ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our target range... More>>

ALSO:

Food Prices: Avocados At Lowest Price In Almost Three Years

Avocados are at their cheapest average price since February 2017, with tomato, lettuce, and cucumber prices also falling, Stats NZ said today. More>>

Auckland Port Move: Cabinet Ministers Deliberate On Report

Cabinet ministers now have a copy of a report urging the government to move the Auckland port up north, but say no final decisions have been made. More>>

ALSO:

Toxicology Tests Planned: Dead Rats Washed Up On Beaches

As many as 600 rats washed up on Westport's North Beach over the weekend to the horror of locals. DOC said they may have been killed by a recent 1080 poison drop 140km away and washed down the Buller River after heavy rain battered the coast. More>>

ALSO: