14.11.2022
EastPack announces $30 million Notes issue to meet growth in kiwifruit demand
EastPack, the largest post-harvest operator in the New Zealand kiwifruit industry and one of the country’s largest cooperatives, today announced that it intends to raise $30 million via an issue of five-year subordinated Notes to New Zealand investors. EastPack will have the ability to take oversubscriptions of up to $10 million.
Lead underwriter and specialist primary sector investment company MyFarm Investments has underwritten $15 million of the capital raising. MyFarm is also the lead broker for the issue; the arranger is M C Capital Limited.
Lead underwriter and specialist primary sector investment company MyFarm Investments has underwritten $15 million of the capital raising. MyFarm is also the lead broker for the issue; the arranger is M C Capital Limited.
Media release