Goldman Sachs – Kiwi Stride Property asks for $NZ220m prime up
Goldman Sachs is thrashing the drum for New Zealand’s Stride Property Ltd on Wednesday morning, asking funds to tip right into a $NZ220 million fairness elevating.
The dealer was operating a bookbuild from $NZ2.10 a share, which was the underwritten price and an 8.7 per cent low cost to the final shut.
The top quality was set at $NZ2.14.
Funds raised had been pegged for acquisitions, together with an workplace block in Wellington,
Stride Property shares went right into a buying and selling halt on Wednesday morning.