AUCKLAND: Ryman Healthcare Limited is considering an offer of 6 or 8 year, fixed rate bonds to New Zealand institutional and retail investors.
The bonds will be unsubordinated obligations of Ryman, and will have the benefit of a guarantee and security package provided by the Ryman guaranteeing group.
Ryman has appointed ANZ Bank New Zealand Limited (ANZ) as Arranger, and ANZ, Forsyth Barr Limited, Hobson Wealth Partners Limited and Westpac Banking Corporation as Joint Lead Managers in relation to the proposed offer.
Investors can register their interest in the offer by contacting a Joint Lead Manager or their usual financial adviser. Registrations of interest will not create an obligation or commitment of any kind to acquire any bonds.
Ryman Healthcare was founded in Christchurch in 1984 and owns and operates 39 retirement villages in New Zealand and Australia. Ryman villages are home to 12,000 residents, and the group employs 6,100 staff.