A $220 million increase in Summerset’s net debt has elicited a mixed reaction from investment analysts, but the company said it is in line with expectations.
The NZX-listed retirement group’s net debt rose to $1.27 billion from $1.05b in the six months ended June.
An increase in debt for the
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).