![Property For Industry has US private placement on standby](https://media.businessdesk.co.nz/file/c_fill,h_393,w_700,q_100/simon-woodhams-R.webp)
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.
![Ryman burned through hundreds of millions of dollars](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Burning-money-getty.webp)
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.
![Skellerup delivers record first-half profit](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/David-Mair.webp)
Primary Sector
Skellerup delivers record first-half profit
The company's agri division suffered a 12% drop in first-half operating profits.
![Ryman belatedly addresses debt with $902m capital raising](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/ryman_image_ryman.webp)
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".