Ryman Healthcare has entered a trading halt as it proposes to raise $1 billion of new capital to reduce debt and reset the balance sheet.

The retirement village operator was forced to offer shares at a significant discount to get investors on board. 

Milford Asset Management's Jeremy Hutton explains further.

LISTEN ABOVE

Ryman Healthcare has entered a trading halt as it proposes to raise $1 billion of new capital to reduce debt and reset the balance sheet.
The retirement village operator was forced to offer shares at a significant discount to get investors on board.&nbsp;
Milford Asset Management's Jeremy Hutton explains further.
LISTEN ABOVE

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Heather du Plessis-Allan Drive

Jeremy Hutton: Milford Asset Management Equities Analyst on Ryman Healthcare entering a trading halt

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/fd6eab2c-e970-403a-acb0-b290006f368e/transcript