W. Stephenson Issue Filled
(N.Z. Press Association) WELLINGTON, July 1. Subscriptions and reservations for the Wright Stephenson public issue of prior lien debenture stock have reached £750,000, the company’s chairman (Mr C. U. Plimmer) said today. He said the issue had been open for only one week. The issue was initially for £500,000 but the directors were exercising their right, in terms of the prospectus, to accept oversubscriptions, said Mr Plimmer. Although the two year term has now been closed, the other terms stated in the prospectus—s years, 6} per cent, 10 years 6} per cent and 15 years, 6} per cent—will remain open until further notice.
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Bibliographic details
Press, Volume CVI, Issue 31101, 2 July 1966, Page 18
Word Count
107W. Stephenson Issue Filled Press, Volume CVI, Issue 31101, 2 July 1966, Page 18
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