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Heartland looks to raise $125m to bolster capital requirements

The banking group's half-year profit rises, with a keen eye on Australia for expansion opportunities.

Group CEO Jeff Greenslade.

Dual-listed Heartland Group’s New Zealand banking entity, Heartland Bank, is considering an offer of up to $75 million – with the right to accept oversubscriptions of up to an additional $50m – of unsecured subordinated notes to New Zealand investors and some overseas institutional

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Jonathan Mitchell Tue, 28 Feb 2023
Contact the Writer: jmitchell@nbr.co.nz
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Heartland looks to raise $125m to bolster capital requirements
Investment,
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