Freightways $2.5m issue
(A’.Z. Press Association» WELLINGTON. i Freightways Express has j (filed a prospectus for a| $2.5m deb nture issue, with’ ithe right to accept over-sub-i 1 scriptions of further I $500,000. : This is Freightways’ first I idebenture issue and also the! jfirst major new industrial! (issue put on the market this [year. | Rates are in line with the J market. w ; h 101 per cent for ?■ yea..-.. 11 per cent for 5 years, 111 per cent for 7 years cd 10 years, and 11 per cent for 15 years. The funds ■ ill be used for ’ new terminals, workshops, and the group’s new Bandag retreading operation. The issue is underwritten by R. A. Jarden and Com- ; pany. members of the Wel-i (lington Stock Exchange. L j IM I TRI STS f April It. I; (First N.Z. .. .. 114 J22i, 'N.Z. Income .. .. 78 84], Accumulation .. 160 171;' 'lnvestors 7:1 791
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19760417.2.139
Bibliographic details
Press, Volume CXVI, Issue 34130, 17 April 1976, Page 19
Word Count
149Freightways $2.5m issue Press, Volume CXVI, Issue 34130, 17 April 1976, Page 19
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.