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Booster Wines Proposes Discounted Exit from Hawke’s Bay Vineyards Leased by PLP
7:36am on Tuesday 7th of July, 2026 AEST
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Agriculture
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Booster Wines Proposes Discounted Exit from Hawke’s Bay Vineyards Leased by PLP
7:36am on Tuesday 7th of July, 2026 AEST
Key Points
Booster Wines seeks to exit Hawke’s Bay leases early
Lease termination payment offered as discounted convertible debt
Hawke’s Bay assets valued at $8.2 million represent 4% of PLPP portfolio
No expected changes to Marlborough vineyard leases
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