STANDARD & POOR’S CREDIT RATING - RETAIL BONDS
Pursuant to NZX Listing Rule 3.22.1, SkyCity Entertainment Group Limited (SkyCity) is pleased to advise that S&P Global Ratings has today assigned a BBB- long term issue rating to the retail bonds announced by SkyCity earlier today.
SkyCity has announced an offer of up to NZ$125 million (with the ability to accept oversubscriptions of up to an additional NZ$50 million at SkyCity's discretion) of 6 year, unsecured, unsubordinated, fixed rate bonds maturing on 21 May 2027 to institutional investors and New Zealand retail investors.
A copy of S&P Global Ratings’ report is attached.
Authorised by:
Jo Wong
Company Secretary
Phone: +64 9 363 6143
Email: [email protected]
The S&P/NZX 50 Index closed at 12,995.01, up 66.63 points.
Hotels takeover offer shows need for minority shareholders voting regime.
'Savvy investors' invited to secure Kiwi electronic-motorbike 'ingenuity'.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details