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
03 Sep 2019 - Starpharma (ASX:SPL) has today announced that it has received a further regulatory approval in another Asian country for its product VivaGel® BV.
02 Mar 2020 - Rural Funds Management as responsible entity of the Rural Funds Group (ASX:RFF), have today released Financial Statements for the half year ended 31 December 2019 showing a property revenue increase of 22 per cent to $37.6 million.
30 Aug 2019 - Receivables manager Collection House (ASX:CLH) reported today showing consolidated net profit after tax was up 18 per cent to $30.7 million.
17 Mar 2020 - Cochlear (ASX:COH) today announced that the United States Court of Appeals for the Federal Circuit in Washington, DC has affirmed the US District Court award of US$268 million in patent infringement damages against Cochlear and its US subsidiary Cochlear Americas.
06 Feb 2020 - Leading essential network services company Service Stream (ASX:SSM) today released its financial results for the half-year ended 31 December 2019, showing adjusted NPAT of $32.3 million up 28 per cent on the prior corresponding period.
