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Kiwi Property raises $125mn, paying 4.00% over 7 years
By Edwin Mitson Aug. 31 (BusinessDesk) - Kiwi Property has raised a total of $125 million in a bond issue, paying a 4 percent coupon or interest rate to investors over seven years. The issue was oversubscribed, with the company fully issuing the $50 million in bonds set asi...
NZ business confidence steady in August as farmers less gloomy, retailers, manufacturers less optimistic
By Jonathan Underhill Aug. 31 (BusinessDesk) - New Zealand business confidence was little changed in August from July as farmers became less gloomy while retailers and manufacturers lost a bit of spring in their step. The ANZ Business Outlook shows the net number of optimis...
Setback for Ruataniwha scheme as Forest & Bird wins appeal against DOC land swap
By Jonathan Underhill Aug. 31 (BusinessDesk) - The Royal Forest & Bird Protection Society has won an appeal against a proposed land swap by the Department of Conservation which would have allowed 22 hectares of Ruahine Forest Park be flooded as part of the Ruataniwha Water Sto...
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