Regulator ‘assessing’ Ryman disclosure on debt covenants
An urgent capital raise to repay long-dated US debt has come with huge costs for shareholders.
A Ryman village.
Tim Hunter
Tue, 21 Feb 2023
Hot Topic
Hawke’s Bay
Stockmarket regulator NZ RegCo says it is “assessing” Ryman Healthcare’s compliance with continuous disclosure obligations after the company revealed a potential breach of debt covenants was behind its $902 million capital raise announced last week.
The money raised is to pay back US
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Tim Hunter
Tue, 21 Feb 2023
Contact the Writer: thunter@nbr.co.nz
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Regulator ‘assessing’ Ryman disclosure on debt covenants
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