Ryman making $100m+ bond offer

8.6.26 Ryman Healthcare is offering up to NZ$100m (with the ability to accept up to an additional NZ$50m of oversubscriptions at Ryman’s discretion) of 6 year fixed rate, secured, unsubordinated bonds maturing on 22.6.32 to institutional investors and New Zealand...

Meridian gets draft approval on storage

  Meridian Energy has welcomed the Fast-track Panel’s draft decision proposing the easing of access restrictions on Lake Pūkaki hydro storage for a three-year period. Meridian sought approval under the Fast-track Approvals Act to allow access to water stored...

HEADLINER NZX Market Report 4.6.26

  The NZ sharemarket didn’t entirely escape from the debris of US markets sliding backwards of recent peaks as investors there began to lose faith in any break-through in US-Iran negotiations. In midweek, the US House of Representatives voted in favour of ending...

HEADLINER NZX Market Report 3.6.26

The NZ sharemarket has drifted off again into a drizzle of limp movements, with the NZX50 faltering by 55.63 points to 13,115.08 on the NZX50. There were 43 falls to 41 gainers, the declines mostly a cent or two only. Yet at this placid pace, the index will be back...

Death of MOVE founder

3.6.26 MOVE Logistics Group advised that founder and former managing director, Jim Ramsay, has passed away. The company stated, “ Jim was a pioneering figure in the Zealand trucking and logistics industry, and his vision and leadership helped shape MOVE into the...

HEADLINER NZX Market Report 2.6.26

  The shortened trading week began with some dramatic events on NZX but being associated with midcaps they did not prevent the NZX50 from slipping 73.84 points to 13,170.71 American markets were actively higher overnight, as A.I. fever surfaced again and the...