Synlait Milk (NZE:SML, ASX:SM1) issued around NZ$217.8 million in new equity to its two largest shareholders, Bright Dairy Holding and The a2 Milk Company (ASX:A2M, NZE:ATM), according to a Tuesday filing with the New Zealand bourse.
The New Zealand dairy producer has also refinanced its bank facilities and its subordinated bonds have had a change of control due to the Bright Dairy issuance, the filing stated.
Further, Synalit's settlement with a2 Milk is now effective, as per the filing.
The change of control triggered an early redemption right for bondholders at NZ$1 per bond, plus additional interests, from Tuesday, according to the filing.
Synlait Milk shares fell 4% in Tuesday's trade on the Australian bourse and rose 5% on the New Zealand bourse.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。