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BTR Nylex placement

BTR Nylex said it plans to raise sAust66o million (SNZB6SM) through a note placement to its U.K.-based parent company and a share issue to institutions. The company said in a statement to the Australian Stock Exchange that it will place S4SOM (SNZS9OM) of non-maturing subordinated notes with BTR Australia, a wholly owned subsidiary of the group’s parent, BTR, Pic. It also plans to issue S2IOM (SNZ27SM) in convertible preference shares to institutional investors both in Australia and overseas.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19891218.2.65.12

Bibliographic details

Press, 18 December 1989, Page 14

Word Count
81

BTR Nylex placement Press, 18 December 1989, Page 14

BTR Nylex placement Press, 18 December 1989, Page 14