Air New Zealand (ASX:AIZ) postpones capital raising after increasing Crown loan facility

  • Home
  • Company News
  • Air New Zealand (ASX:AIZ) postpones capital raising after increasing Crown loan facility
09Apr

Air New Zealand (ASX:AIZ) postpones capital raising after increasing Crown loan facility

 

Air New Zealand  (ASX:AIZ) has postponed the deadline for its equity raising by 3 months to June 30.

The Kiwi flag carrier has justified this delay with difficulties as a result of COVID-19. The company will be able to source liquidity from the increased Crown loan facility by $533 million to facilitate the timeline change.

Shares in Air New Zealand (AX:AIZ) are trading 0.9 per cent higher at $1.68
Copyright 2021 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

28Sep

Synlait (ASX:SM1) net profit down 9%

28 Sep 2020 - Synlait Milk (ASX:SM1) says its annual net profit is down 9 per cent to $75.2m, as it warned of significant global uncertainty ahead.

Read More
06Sep

Stocks of the Hour: Hansen Technologies, Incitec Pivot & Cimic

06 Aug 2021 - A snapshot of the stocks on the move featuring Hansen Technologies (ASX:HSN), Incitec Pivot (ASX:IPL) & Cimic (ASX:CIM)

Read More
05Jun

Kogan.com (ASX:KGN) gross sales double

05 Jun 2020 - Online retailer, Kogan.com (ASX:KGN) has released an impressive trading update for the fourth quarter-to-date. Compared to the same period last year, Kogan’s gross sales grew by more than 100 per cent.

Read More
20Jan

Wisr (ASX:WZR) share purchase plan

20 Jan 2020 - Wisr (ASX:WZR) is offering a share purchase plan which will allow retail investors to purchase up to $30,000 worth of Wisr shares, without incurring brokerage or transaction costs.

Read More
18Mar

CIMIC Group (ASX:CIM) company, CPB Contractors selected by the QLD Government to deliver the Bruce Highway upgrade

18 Mar 2021 - CIMIC Group (ASX:CIM) company, CPB Contractors has been selected by the Queensland Government to deliver the Bruce Highway upgrade.

Read More
18Mar

Monadelphous Group (ASX:MND) secures 5 year crane contract with Fortescue Metals (ASX:FMG)

18 Mar 2021 - Engineering company Monadelphous Group (ASX:MND) has secured a new five-year crane services contract with Fortescue Metals Group Ltd (ASX:FMG).

Read More
15Aug

Stocks of the Hour: Telstra, AGL & QBE

12 Aug 2021 - A snapshot of the stocks on the move featuring Telstra (ASX:TLS), AGL (ASX:AGL) and QBE (ASX:QBE).

Read More
28Jan

Synlait Milk (ASX:SM1) increases forecast milk price

28 Jan 2020 - Synlait Milk (ASX:SM1) has updated its forecast base milk price for the 2019 / 2020 season to $7.25 kgMS from $7.00 kgMS.

Read More
01Apr

Transurban (ASX:TCL) finalises sale of US toll road assets

01 Apr 2021 - Transurban (ASX:TCL) has closed the sale of its 50 per cent interest in its Transurban Chesapeake assets to AustralianSuper, Canada Pension Plan Investment Board and UniSuper.

Read More
19Nov

Redcape Hotel Group Management Ltd (ASX:RDC) buys the Gladstone Hotel in Sydney

19 Nov 2020 - Redcape Hotel Group Management Ltd (ASX: RDC) has acquired the Gladstone Hotel in Sydney New South Wales for $38.0 million.

Read More