NZ's KMD Brands hits record low as recapitalisation initiatives remain under contention

KMD Brands

15/03/2026 23:18

** Shares of New Zealand's KMD Brands KMD.NZ fall as much as 6.4% to NZ$0.22, their record lowest level

** Stock hits biggest intraday pct loss since September 9, 2025

** Sports products maker confirms media reports stating it engaged with Goldman Sachs to assist with its treasury and capital management

** Says no decision has been made to undertake any recapitalisation initiatives nor have terms of any refinancing been agreed

** Stock down 22.8% YTD, including day's move

(Reporting by Aamir Sheik Khalid in Bengaluru; Editing by Lincoln Feast.)

((Aamir.SheikKhalid@thomsonreuters.com))