Summerset Group Holdings Limited, founded in 1997 and headquartered in New Zealand, specializes in providing retirement living and care services for the elderly. The company develops and manages a network of retirement villages, offering a range of accommodation options and care services designed to enhance lifestyle and well-being for residents.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SUMNZ 2.30% 2027-09-21 NZDSummerset Group Holdings Limited | New Zealand | 2027-09-21 | 2.300 | 4.05 |
| SUMNZ 6.43% 2030-03-08 NZDSummerset Group Holdings Limited | New Zealand | 2030-03-08 | 6.430 | 5.15 |
| SUMNZ 6.59% 2029-03-09 NZDSummerset Group Holdings Limited | New Zealand | 2029-03-09 | 6.590 | 4.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since beginning its bond issuance program in 2014, Summerset has successfully raised significant capital to fund its expansion and development projects. Notably, in 2020, the company issued a $100 million bond to finance the construction of new villages, reflecting strong investor confidence evidenced by a robust oversubscription. Currently, its bonds offer competitive yields compared to the industry, with features such as fixed interest rates and the option for early redemption, aligning with investor preferences for security and return.