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Solid Energy

Key sees haircuts for Solid Energy's banks

PM Key downbeat on 'broken' Solid Energy's future after KordaMentha report arrives; says it probably has no equity and he expects banks will have to take haircuts on NZ$389 mln of debt

Solid Energy takes the axe

Ailing state miner will shed 105 jobs as it seeks to get itself on to an even keel

Solid Energy's secret bondholders

Beleaguered SOE Solid Energy won't say who holds NZ$95 mln worth of its debt with final bond issue completed as recently as last November; Interest.co.nz asks Ombudsman for review of SOE's decision

Japanese bank continues NZ growth

Bank of Tokyo-Mitsubishi grows quarterly value of corporate loans by more than ANZ and Westpac; Lends NZ$100 mln to Telecom; Now bigger than SBS by total assets

'Nats milked Solid Energy for cash'

Labour's David Shearer goes on the attack over troubled Solid Energy, says Govt wanted the SOE to increase debt so it could ramp up dividends

Off with his head

But don't think the appearance of Don Elder before a Parliamentary Select Committee will answer the questions on what went wrong at Solid Energy

Macquarie providing Solid Energy advice

Treasury brings in Macquarie to advise government on options for troubled coal miner Solid Energy

Going off the rails

Could the Solid Energy struggles signal the beginning of the end for the Government's vaunted partial privatisation plan?

Picture darkens further for Solid Energy

Updated
Solid Energy, with NZ$389 mln of debt and 'significant' half-year loss looming, in talks with its 5 banks with unsecured loans over restructuring options; Banks to share pain?

SOE sales go to Supreme Court

Supreme Court grants leave for Maori Council to appeal High Court ruling that govt's asset sales decisions can't be reviewed