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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Z Energy to raise up to $350m equity

The listed fuel retailer posted a net loss of $88m for the year to March.

Reweti Kohere Mon, 11 May 2020

Z Energy is launching an equity raise of up to $350 million as part of a deal with debt financiers in obtaining waivers for covenants, while posting a net loss of $88m for the year to March.

The listed fuel retailer said significant support from its debt providers, including the bank lending

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Reweti Kohere Mon, 11 May 2020
Contact the Writer: reweti@nbr.co.nz
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Z Energy to raise up to $350m equity
General Business,
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