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Mercury NZ to Redeem NZ$300 Million of Subordinated Capital Bonds; Shares Decline 3%
Mercury NZ (ASX:MCY, NZE:MCY) plans to redeem its NZ$300 million of subordinated capital bonds, the electric services company said in a Thursday filing with the Australian bourse. The redemption will
Mercury NZ Announces Interest Rate for Capital Bonds
Mercury NZ (ASX:MCY, NZE:MCY) set the interest rate for unsecured, subordinated capital bonds at 6.42% per annum, the electric services company said in a Thursday filing with the Australian bourse. A
AU Evening Wrap: ASX 200 Declines Amid Higher-Than-Expected Inflation
ASX 200 declines amid higher-than-expected inflation, ending the day 0.7% lower at 7783. The majority of the market sectors suffer losses, with eight out of eleven sectors in the negative territory.
AU Evening Wrap: Australia Shares Climb 1.4% with Broad Market Advances and Strong Commodity Prices
Australia shares climb 1.4% with broad market advances and strong commodity prices. All eleven sectors report positive outcomes, with the energy sector taking the lead by amassing a 2.2% gain.
New Zealand Shares Fall Despite Trade Surplus; Warehouse Group Slides 8%
New Zealand shares closed lower on Monday as investors digested mixed economic signals, with the country's credit card billings sliding and trade balance returning to a surplus in May. The S&P NZX/50
Mercury Launches NZ$300 Million Offering of Unsecured, Subordinated Bonds
Mercury NZ (NZE:MCY, ASX:MCY) launched an offering of up to NZ$300 million of unsecured, subordinated capital bonds to institutional and New Zealand retail investors, according to a Monday New Zealand
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