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Ryman Healthcare Limited (ASX:RYM)

ALERT: Price-sensitive ASX Announcement for RYM
Current share price for RYM : $1.785 -0.06 (-3.25%)+
Announcement
Release
9 Jun 2026 7:30AM
Price at Release
$1.845
Full Release
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Summary
Ryman Healthcare Limited is launching a retail bond offer of up to NZ$100 million, with potential oversubscription acceptance of an additional NZ$50 million. These 6-year, fixed-rate, secured, and unsubordinated bonds are set to mature on June 22, 2032. The offer period runs from June 8 to June 11, 2026, with an indicative issue margin range of 1.80% to 1.90% over the swap rate, subject to a minimum interest rate of 5.60%. Ryman bondholders can exchange their existing bonds for new ones through a designated exchange mechanism. Trading of existing RYM010 bonds will be temporarily suspended for orderly settlement. Ryman Healthcare, the largest retirement and aged care provider in New Zealand and a leading operator in Victoria, Australia, operates 47 integrated retirement villages.
Key Points
  • Ryman Healthcare Limited offers up to NZ$100 million in bonds, with an option for an additional NZ$50 million.
  • The bonds are 6-year fixed rate, secured and unsubordinated, maturing on June 22, 2032.
  • The offer opens on June 8, 2026, and closes on June 11, 2026.
  • Indicative issue margin is between 1.80% to 1.90% over the swap rate with a minimum interest rate of 5.60%.
  • Ryman's existing bondholders may exchange their bonds for new ones through a specific mechanism.
  • Trading of existing bonds (RYM010) will be suspended from June 12 to June 23, 2026.
  • Ryman Healthcare is the largest retirement living and aged care provider in New Zealand, also operating in Victoria, Australia.
  • Ryman operates 47 integrated retirement villages, providing homes to over 15,500 residents.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.