University finances bolstered by insurance payout
University of Canterbury fuinances have been boosted by insurance and government payouts.
The University of Canterbury says payments to bondholders are unaffected as it posts a $3 million consolidated deficit from teaching activities.
In 2009, the university launched a $50 million, 10-year, fixed rate, unsubordinated, unsecured bond at an interest rate of 7.25% a year, fixed for five
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Chris Hutching
Thu, 26 Feb 2015
Thu, 26 Feb 2015
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University finances bolstered by insurance payout
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