close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
5 mins to read

Analysts mixed on Summerset’s debt jump

The company's net debt rose to just under $1.3b from $1.05b, and analysts want more disclosure on its hedging.

A render of Summerset's Boulcott village in Wellington.

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).
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 debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Nicholas Pointon Wed, 23 Aug 2023
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Analysts mixed on Summerset’s debt jump
Investment,
100520
true