Published 3 January 2010 PGG Wrightson Finance Ltd became the first finance company to offer both guaranteed & non-guaranteed investments under Treasury’s recent revision of the Crown retail deposit guarantee scheme. Another 6 institutions have opted out of the scheme – the Aotearoa & Christchurch Emergency Services Credit Unions, Asset Finance Ltd, Whakatane; Farmers […]
PGG Wrightson
PGG Wrightson Finance gets bankers to create formal syndicate
Published 21 December 2009 PGG Wrightson Finance Ltd said on Thursday it had formed a formal banking syndicate with the Bank of New Zealand & the Commonwealth Bank of Australia to provide ongoing wholesale funding to the business for an initial period of 2 years. The facility replaces previous bilateral facilities. PGG Wrightson Finance chief […]
PGG Wrightson Finance secures new $100 million facility
Published 10 June 2008 PGG Wrightson Finance Ltd said today it had obtained a $100 million facility from ASB Bank to support the continued growth of its rural lending.PGG Wrightson Group’s general manager of financial services, Michael Thomas, said the facility marked a new banking relationship that would complement the existing sources of funding: "Bringing […]
