ANZ extends Veritas debt deadline as it considers asset sales, refinancing

Sun, 01 Oct 2017

By Sophie Boot Oct. 2 (BusinessDesk) - Veritas Investments had its debt deadline partially extended by its bank to allow continuing discussion of possible deals. In August, ANZ Bank New Zealand said it wouldn't renew $28.5 million in banking facilities which come due in October and November this year. Today, Veritas said the debt due to mature today has been extended until Nov. 30, meaning the majority of its debt now matures on Nov. 30. Veritas is in discussions with external parties "on a number of scenarios including asset sales, me...

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