Mercury NZ Issues New Capital Bonds
Company Announcements

Mercury NZ Issues New Capital Bonds

Mercury NZ Ltd. (MGHTF) has released an update.

Mercury NZ Limited has announced the fully subscribed issue of 350 million new Capital Bonds at $1 each, under its ticker MCY070, aiming to finance the redemption of its MCY020 Bonds and support general corporate activities. The company, known for its commitment to 100% renewable energy generation and as a retailer in various utility services, maintains a significant shareholding by the New Zealand Government. This financial move is part of Mercury’s ongoing efforts to optimize its capital structure and invest in its sustainable growth.

For further insights into MGHTF stock, check out TipRanks’ Stock Analysis page.

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