Fletcher Building says underwriting costs deliver certainty
No plans yet for the Formica and Roof Tile Group proceeds.
Hot Topic
Hawke’s Bay
Fletcher Building says it’s necessary to have its $750 million rights issue underwritten because “it provides certainty for shareholders and lenders.”
The company says the one-for-4.46 rights issue will cost it $25m, including the underwriting fees.
The rights issue price for the 156.3m new
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Tue, 17 Apr 2018
Tue, 17 Apr 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fletcher Building says underwriting costs deliver certainty
74512