News
Heartland considers corporate bond issue
Monday 8th of August 2011
Heartland says it has sufficient cash on hand to repay the about $92 million of PGG Wrightson Finance (PWF) NZDZ-listed bonds maturing in October, should it be successful in taking over PWF.
However, current demand for corporate bonds and its desire to retain the PWF deposit base has led it to consider a bond issue as part of its broader wholesale funding strategy.
Meetings...
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