Brief: Spark New Zealand Announces Sale Of Spark's Existing IFP Receivables
Dec 22 (Reuters) - Spark New Zealand Ltd SPK.NZ: SALE OF SPARK'S EXISTING IFP RECEIVABLES WILL BE USED TO REDUCE NET DEBT IN H1 26 BY NZ$240 MILLION PARTNERED WITH CHALLENGER TO ESTABLISH NEW FINANCING STRUCTURE FOR INTEREST FREE PAYMENT PLANS WILL ALSO SELL FUTURE IFP RECEIVABLES TO CHALLENGER ON REGULAR BASIS Further company coverage: SPK.NZ ((Reuters.Briefs@thomsonreuters.com;))
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