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Ryman wraps up institutional offer, opens retail round tomorrow

Eligible institutional investors took up 95% of their entitlements to raise $542 million.

Ryman's John Flynn village in Australia.

NBR Staff Mon, 20 Feb 2023

NZX-listed retirement village operator Ryman Healthcare has completed the institutional part of its $902 million capital raise, announced last week.

The capital raise – the company’s first since listing in 1999 – was launched to help the company reset its balance sheet and pay down mounting

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NBR Staff Mon, 20 Feb 2023
Contact the Writer: editor@nbr.co.nz
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Ryman wraps up institutional offer, opens retail round tomorrow
Investment,
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