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Summerset Group Holdings Limited ( (DE:20S) ) just unveiled an update.
Summerset Group Holdings Limited has announced the interest rate for its NZ$150 million six-year fixed rate bond offer, set at 5.70% per annum. The bonds, which will be issued on 23 May 2025 and mature on 23 May 2031, are expected to be quoted on the NZX Debt Market under the ticker code SUM060. This bond offer is part of Summerset’s financial strategy to support its ongoing development and operational activities, potentially impacting its market positioning and providing investment opportunities for stakeholders.
More about Summerset Group Holdings Limited
Summerset Group Holdings Limited is a leading operator and developer of retirement villages in New Zealand, with 40 villages completed or in development nationwide. The company also has a presence in Victoria, Australia, with several properties in development. Summerset provides a range of living options and care services to more than 8,700 residents.
For a thorough assessment of 20S stock, go to TipRanks’ Stock Analysis page.