Fonterra Co-operative Group Limited has announced that all capital notes issued by the company will be redeemed on 10 July 2023 for NZ$1.00 each.
The register will be closed on 30 June 2023 to determine the total amount payable to noteholders.
Payment will be made by direct credit into their nominated bank accounts on 10 July 2023.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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