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Hot Topic Budget 25
Hot Topic Budget 25
Investment
2 mins to read

Air NZ shortfall bookbuild prices at 81 cents

Bookbuild completion spells successful end to rights offer that got off to a rocky start.

Will Mace Thu, 05 May 2022

Air New Zealand has completed a shortfall bookbuild in the issuance of 274 million shares, with the price determined to be 81c each – equating to the theoretical ex-rights price and a 28c premium over the rights offer price.

That means the airline has raised its targeted total of $1.2 billion

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Will Mace Thu, 05 May 2022
Contact the Writer: william@nbr.co.nz
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Air NZ shortfall bookbuild prices at 81 cents
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