BORAL DEBS.
Stock Offer To Shareholders
fZV.Z. Press Assn. —Copyright)
SYDNEY, Jan. 9.
Of Boral, Ltd’s., proposed £4m debenture issue, £lm of 12-year stock has been reserved for subscription by ordinary shareholders; the remaining £3m will be offered to other company preference and note holders registered at December 29, says the directors. On the basis of the group balance-sheet at June 30 last, the asset cover for each £lOO < f secured liabilities, including the proposed debenture issue, was £786, they say. Interest rates offered on the debentures will be 7 J per cent for 7 years and 7J per cent for 12 years.
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https://paperspast.natlib.govt.nz/newspapers/CHP19660110.2.91.2
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Press, Volume CV, Issue 30954, 10 January 1966, Page 9
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103BORAL DEBS. Press, Volume CV, Issue 30954, 10 January 1966, Page 9
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