Tower says likely to lift bond issue to NZ$100 mln

Tower says likely to lift bond issue to NZ$100 mln
Tower Capital said it planned to accept NZ$20 million of oversubscriptions for its bond issue, lifting the total raised from the April 2014 bonds offering 8.5% to NZ$100 million. * This article was first published on Friday in our daily subscription newsletter for the banking and finance industries. The email costs NZ$365 per annum and carries exclusive news and analysis for New Zealand banking and finance industry executives, regulators and investors. Sign up for a free trial here.     

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