Capital change notice for the acquisition of Manawa Energy Limited MNW150 bonds, under the MNW190 Exchange Offer, is attached.
CEOs may not like it, but the returns are undeniable.
Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out.
The S&P/NZX 50 gained 0.2% to 13,234.89 points on Tuesday.
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