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What does Air New Zealand's renounceable rights offer actually mean?
Last week Air New Zealand announced that it would be beginning the largest capital-raising endeavor in the history of the company, setting out to raise over $2 billion NZD, to support the company as it repays its debts, and ramps up operations with the border reopening.
Quintin Jane spoke to Professor Helen Roberts from the Department of Finance at the University of Otago, to break down what the announcement really means.
