Ampol Limited (ASX/NZX:ALD) (Ampol) has today commenced a fully underwritten wholesale offering of A$150 million of subordinated notes due in 2082 (Subordinated Notes).
The NZX 50 grew by 0.15% to 12,480.05 as Fonterra performed well.
The NZ sharemarket dipped as Fletcher Building shares fell further.
The FMA is worried about unsophisticated investors taking the bait.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details