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Hot Topic EARNINGS
General Business
3 mins to read

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
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Company profile
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Change:
Price
Previous Close
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Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment
2

PoT’s wharf consent ‘in the hands of the courts’
Investment
2

‘Capital markets hungry’: Forbar sees NZX green shoots
Investment

Bay of Plenty Regional Council mulls PoT selldown

Investment
1

Forbar downgrades Port of Tauranga to ‘underperform’
Investment
1

Port of Tauranga signals challenging year ahead
No sweat on debt, says Quayside, as council mulls port sale
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