Summerset Group Holdings Limited ( (DE:20S) ) has shared an announcement.
Summerset Group Holdings Limited announced a fixed rate retail bond offer of up to NZ$100 million, with the option to accept an additional NZ$50 million in oversubscriptions. The bonds, maturing in May 2031, are available to institutional and New Zealand retail investors, with an interest rate set through a bookbuild process. The offer is made under the Financial Markets Conduct Act 2013 and the bonds are expected to be listed on the NZX Debt Market.
More about Summerset Group Holdings Limited
Summerset Group Holdings Limited is a leading operator and developer of retirement villages in New Zealand, with 40 villages completed or in development nationwide. The company also has a presence in Australia with several properties in Victoria. Summerset provides a range of living options and care services to over 8,700 residents.
YTD Price Performance: -11.37%
Average Trading Volume: 711
Technical Sentiment Signal: Buy
Current Market Cap: A$2.49B
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