Investor concerns about milk processor Synlait’s balance sheet are feeding into the price of its listed bonds, whose yield has risen to 11.2% since a trading halt was lifted last week.
The $180 million of bonds were issued in 2019 and mature in December 2024 but their market value has fallen
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).