Air NZ sets cap raise pricing to attract all eligible investors
Shares to be issued at circa 61% discount to yesterday’s price.
Will Mace Thu, 31 Mar 2022
Air New Zealand hopes a deeply discounted rights offer price of 53c will attract investment from the eligible investing public as it seeks to finally throw off the yoke of Covid and ‘refuel’ its recovery.
The national carrier announced yesterday it is finally launching a $2.2 billion
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