Finance
Property For Industry has US private placement on standby
PFI is unlikely to draw down any of the US$250 million US private placement while interest rates are still going up.
Finance
Free
Jenny Ruth: Ryman burned through hundreds of millions of dollars
Ryman’s cardinal rule against raising fresh equity led to irrational decision-making.
Primary Sector
Skellerup delivers record first-half profit
The company's agri division suffered a 12% drop in first-half operating profits.
Finance
Jenny Ruth: Ryman belatedly addresses debt with $902m capital raising
Ryman Healthcare has had to ask its bankers to relax its interest coverage ratio covenant as "a precautionary change".