News
S&P take a wait and see approach to South Canterbury
Monday 11th of January 2010
South Canterbury has been pulled under the new umbrella of Southbury Corp, along with Hubbard's Helicopters NZ and Scales Corporation, and received a $27.5 million injection after the parent company raised capital through a private placement to institutional and private investors.
S&P primary credit analyst Derryl D'silva told www.depositrates.co.nz the capital raising was one of the...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
3 min read