Heartland

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Heartland Bank Limited closes retail note offer

Posted 18th September 2017

Heartland Bank Limited has today announced that the offer of five year, unsecured, unsubordinated, medium term, fixed rate notes has closed, with the final amount being issued being $150 million.

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Heartland Announces Strike Price for Dividend Reinvestment Plan

Posted 15th September 2017

Heartland Bank Limited (Heartland) (NZX: HBL) advises that the strike price for shares to be issued under its Dividend Reinvestment Plan (DRP) in lieu of the cash dividend payable on 21 September 2017 is $1.8004 per share.

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Heartland Bank Limited sets offer size and rate on retail note offer

Posted 29th August 2017

Heartland Bank Limited today announced that it had successfully closed the bookbuild for the five year, unsecured, unsubordinated, medium term, fixed rate notes. The Offer size has been set at $150 million. The Issuer has decided to proceed with the full offer amount following the successful bookbuild, which saw a significant degree of oversubscription.

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2017 Annual Meeting and Director Nominations

Posted 25th August 2017

Heartland Bank Limited (Heartland) advises that its Annual Meeting will be held at Eden Park, Reimers Avenue, Kingsland, Auckland on Tuesday 21 November 2017, commencing at 3.00pm. Other details relating to the meeting will be advised in the Notice of Meeting to be sent to all shareholders in due course.

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Heartland Posts Full Year Profit of $60.8m

Posted 14th August 2017

Heartland Bank Limited (Heartland) (NZX: HBL) achieved a net profit after tax (NPAT) of $60.8m for the full year ended 30 June 2017 (FY2017), an increase of 12% from the previous financial year ended 30 June 2016 (FY2016). The increase in profitability was driven primarily by growth in receivables across all divisions – Household, Business and Rural.

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