Summerset to sell up to $150m 7-year bonds
Finance

Summerset to sell up to $150m 7-year bonds

Retirement village operator Summerset Group has launched an up to $150 million seven-year bond sale to diversify and lengthen the term of its debt, and to help fund future development.The offer of $100 million in bonds maturing Sept. 21, 2027, with the ability to accept over-subs...

Staff reporters 07 Sep 2020
Milford leaving Wgtn Chamber
News in Brief

Milford leaving Wgtn Chamber

Wellington Chamber of Commerce chief executive John Milford will step down from the role at the end of November after six years as the primary lobbyist for capital businesses.Taking over the reins in 2014 after eight years in charge of Kirkcaldie & Stain’s, Milford said he stayed...

Staff reporters 04 Sep 2020
Tourism Holdings ‘pops up’ Auckland branch, starts campervan sale
News in Brief

Tourism Holdings ‘pops up’ Auckland branch, starts campervan sale

Tourism Holdings has set up a “pop up” rental branch in South Auckland after its Mangere site caught fire on Thursday.The “massive” fire rendered its usual branch near Auckland Airport unusable, the company said in a statement to the NZX. It said only a small number of the estima...

Staff reporters 04 Sep 2020
Sky CFO switches to consultant role
News in Brief

Sky CFO switches to consultant role

Blair Woodbury, Sky Network Television’s chief financial officer, is set to become a consulting advisor to chief executive Martin Stewart on September 18 after the listed pay TV company’s results are posted.In a statement to the NZX it said a new advisory role would free Woodbury...

Staff reporters 04 Sep 2020