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Air NZ sees 88% take up of rights offer

Airline pulls in more than $1b as shortfall bookbuild begins.

Will Mace Wed, 04 May 2022

Air New Zealand has closed its two-for-one rights offer, with a take-up rate of 88% representing about 1,972 million of new shares being taken up by eligible shareholders, including the Crown.

Gross proceeds from the rights offer are about $1.045 billion, with at least $145m still to come from a

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Will Mace Wed, 04 May 2022
Contact the Writer: william@nbr.co.nz
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Air NZ sees 88% take up of rights offer
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