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No sweat on debt, says Quayside, as council mulls port sale

Bay of Plenty Regional Council’s holding company is reviewing its capital structure with Port of Tauranga sell-down potentially cashing up $200m of listed preference shares.

Bay of Plenty Regional Council's Quayside Holdings owns 54.1% of Port of Tauranga.

Tim Hunter Thu, 28 Mar 2024

Port of Tauranga’s 54.1% owner Quayside Holdings says it expects no problem refinancing $85 million of debt due for repayment this year as consultation opens on a potential sell-down of its port stake.

Quayside, a holding company for Bay of Plenty Regional Council, also has $200m of perpetual

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Tim Hunter Thu, 28 Mar 2024
Contact the Writer: thunter@nbr.co.nz
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No sweat on debt, says Quayside, as council mulls port sale
General Business,
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