Search
Hot topics close

NZ's biggest retirement village company to raise $1b – second ...

NZs biggest retirement village company to raise 1b second
Big retirement village operator says it wants a platform for growth.

Ryman Healthcare is raising $1 billion to reduce debt. Photo / Supplied

New Zealand’s biggest retirement village company – Ryman Healthcare – is tapping shareholders for $1 billion through a deeply discounted capital raise aimed at slashing debt and providing a platform for growth.

The offer comprises a $313 million underwritten institutional placement and $688m underwritten pro-rata accelerated non-renounceable entitlement offer.

Today’s

Similar shots
  • Ryman Healthcare in trading halt ahead of capital raising Ryman Healthcare in trading halt ahead of capital raising
News Archive
  • Invercargill fire
    Invercargill fire
    Child severely burned, couple lose home in Invercargill fire
    6 Sep 2023
    3
  • Euthanasia bill NZ
    Euthanasia bill NZ
    New Zealand's euthanasia bill is a step into the unknown for disabled people
    14 Nov 2019
    1
  • Stonewood Homes
    Stonewood Homes
    Dunedin couple exhausted after battle over unfinished, unconsented ...
    5 Jun 2023
    1
  • Tyson Pedro
    Tyson Pedro
    Tyson Pedro retires from UFC after loss to Vitor Petrino
    3 Mar 2024
    7
  • Naveen-ul-Haq
    Naveen-ul-Haq
    Watch: Further footage shows Virat Kohli making apparent 'dirt on ...
    2 May 2023
    4
  • Greer Robson
    Greer Robson
    Marc Ellis says second season of Celebrity Treasure Island was faked
    11 Sep 2019
    2
This week's most popular shots