
News
Council to issue up to $200 mill in bonds
Monday 4th of February 2008
The offer includes up to $150 million of perpetual preference shares in Quayside Holdings, a wholly owned subsidiary of the council, with the right to accept up to $50 million in over-subscriptions.
Proceeds would be used to establish a fund to invest in priority infrastructure projects for the benefit of the Bay of Plenty region, the council, known as Environment Bay of Plenty, said.
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