BNZ to raise $150m through share offer
Bank of New Zealand (BNZ) is hoping to raise at least $150 million from New Zealand retail and wholesale investors.
Wednesday, 20 May 2009
BNZ lodged a prospectus this week for a proposed issue of perpetual non-cumulative, tier one shares. Oversubscriptions may also be accepted.
BNZ plans to use the money raised through the hybrid securities for general corporate purposes.
The offer is part of National Group's ongoing capital management programme and consistent with BNZ's aim to maintain a strong capital position.
Commenting is closed
Find a Rate
10 July 2014
2 July 2014
25 June 2014
15 May 2014
14 May 2014
Cash PIE Rates
Disclaimer - Every possible effort has been made to keep the information in the tables and on this site as accurate as possible, however, neither the publisher, Tarawera Publishing, nor anyone engaged to compile the rates and this site accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details with providers. The full terms and conditions of this site can be found here.
© Copyright 1997-2014. Tarawera Publishing Ltd. All Rights Reserved.