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Founded by Max Farndale 1947 - 2018
Thursday, 30 June 2022 15:40
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Mercer refinances BNZ loan through to Sep 2019 after warning of covenant breach; shares fall

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Food processing and stainless steel equipment manufacturing company Mercer Group has refinanced a Bank of New Zealand loan through until September next year.

This follow a warning in May that weak earnings from its Haden & Custance automated handling systems unit meant it might breach banking covenants

  • Source/ReadMore: Sharechat
Published in BUSINESS
Tagged under
  • Business
  • news talk

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MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

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