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
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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