AUCKLAND: Oceania Healthcare Limited is raising up to $75 million through fixed rate bonds to repay bank debts. Oceania Healthcare Limited is issuing up to $75 million (with the ability to accept oversubscriptions of up to $25 million) of seven year secured fixed rate bonds to New Zealand institutional and retail investors. The proceeds of…
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Oceania Healthcare closes its oversubscribed NZ$20 million retail offer
SYDNEY: Oceania Healthcare Limited announced that its non-underwritten NZ$20 million retail offer has closed oversubscribed. The Retail Offer was well supported by shareholders, with Oceania receiving applications totalling approximately NZ$50 million. Scaling and the return of any surplus application amounts will be carried out in accordance with the terms of the Retail Offer contained in…
Oceania announces $100 million equity raising to fund acquisitions
AUCKLAND: Oceania Healthcare Limited announced plans to raise approximately NZ$100 million to fund the acquisition of a premium retirement village, Waterford on Hobsonville Point, and its existing leased facility and adjacent development land in Franklin through a fully underwritten NZ$80 million placement of new shares and a non-underwritten retail offer of up to NZ$20 million.…