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Comvita Secures NZ$30 Million Rights Offer with Fraser and Neave as Strategic Investor

7:18am on Wednesday 15th of April, 2026 AEST Consumer Staples
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Comvita Secures NZ$30 Million Rights Offer with Fraser and Neave as Strategic Investor

7:18am on Wednesday 15th of April, 2026 AEST
Key Points
  • NZ$30 million Rights Offer priced at NZ$0.65 per share
  • Fraser and Neave to acquire up to 19.99% post-raise stake
  • Capital proceeds to repay bank debt and enable refinancing
  • New facilities include NZ$20 million working capital and NZ$30 million core debt
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