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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Equity raise seen as possible alternative to Vocus NZ sale

Another sign that the Aussie telco might be getting cold feet. PLUS: Why 2degrees is out.

Thu, 19 Apr 2018

Macquarie says Vocus Group will consider an equity raise or attempt to lift its debt covenants if the sale of its New Zealand assets fails.

The Aussie investment bank notes binding bids are due at the end of this month. Vocus' board wants the process wrapped up by the end of June.

Vocus is

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Equity raise seen as possible alternative to Vocus NZ sale
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