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Genesis Energy Updates Proposed Capital Bond Offer
1 March 2011
Genesis Energy Updates Proposed Capital Bond Offer
On 17 December 2010 Genesis Power Limited, trading as Genesis Energy, announced that it was considering making an offer of unsecured, subordinated Capital Bonds to the New Zealand public. At that time it was expected that the offer would open in February 2011.
Genesis Energy wishes to advise there has been a delay in the process. A further announcement will be made when the timetable for the offer is finalised.
No money is currently being sought and no applications for Capital Bonds will be accepted or money received until interested subscribers have received an Investment Statement.
ENDS
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