Air NZ launches $2.2b recapitalisation plan
Package includes heavily discounted $1.2b rights offer.
Will Mace
Wed, 30 Mar 2022
Air New Zealand is finally launching a $2.2 billion recapitalisation, including a $1.2b two-for-one pro rata renounceable rights offer at a price of 53 cents per share.
Trading in the airline's shares was halted at $1.37 per share at 4pm this afternoon in anticipation of the announcement of the
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Will Mace
Wed, 30 Mar 2022
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