SYDNEY CONVERSION LOAN
STRIKING SUCCESS. SYDNEY, Friday.. The aeting-Premierj the Hon. M. FBruxner, announces that advice has been received from London that a £2,000,000 conversion- loan, issued by the Sydney County Council, which administers the electricity. undertaking of Sydney, has been oversubscribed in London by £30,000,000. The loan, which bears interest at 4 per cent, issued at 99, is for the conversion of city of Sydney ' debentures and the repayment of existing liabilities of the recently-created Sydney County Council.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WDT19360801.2.41
Bibliographic details
Wairarapa Daily Times, 1 August 1936, Page 5
Word Count
79SYDNEY CONVERSION LOAN Wairarapa Daily Times, 1 August 1936, Page 5
Using This Item
National Media Ltd is the copyright owner for the Wairarapa Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of National Media Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.