Article image
Article image
Article image
Article image

Adelaide News To Make Note Issue

News, Ltd., Adelaide, proposes to raise £500,000 by an issue of 7i per cent, registered unsecured notes. Currencies are six or 10 years. Funds are for the redemption of a £200,000 6 per cent, note issue, and for additional working capital, directors state. Ordinary and preference shareholders will have prior right to £lOO,OOO of the issue until February 2. A further £150,000 has been reserved for placement by the underwriting brokers.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19600114.2.181

Bibliographic details

Press, Volume XCIX, Issue 29102, 14 January 1960, Page 14

Word Count
77

Adelaide News To Make Note Issue Press, Volume XCIX, Issue 29102, 14 January 1960, Page 14

Adelaide News To Make Note Issue Press, Volume XCIX, Issue 29102, 14 January 1960, Page 14