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Investments
 

PGG Wrightson Finance Limited
Secured Deposits *
Investment Terms and Amounts

All rates are quoted on a per annum basis and subject to change without notice.
Contact us on 0800 744 346 for more information.

(as at 6th September 2010) 

Secured Deposits: Secured Deposits are secured by a first ranking charge over all assets of PGG Wrightson Finance Ltd, subject to claims preferred by law and any prior charges (currently none). Monthly and annual interest options require a $10,000 minimum investment and 12 month minimum term.

Rural Saver Deposits: Rural Saver Deposits are unsecured and rank equally with all other unsecured debt obligations of PGG Wrightson Finance Ltd behind all claims preferred by law, any prior charges (currently none) and all Secured Deposits. There is no minimum investment amount for Rural Saver Deposits.

Crown retail deposit guarantee scheme: PGG Wrightson Finance Ltd has a guarantee under a Crown retail deposit guarantee scheme, being a guarantee that expires on 31 December 2011. If you invest in Secured Deposits (Guaranteed Securities) the terms of the Crown guarantee change on 12 October 2010. If you invest in Secured Deposits (Guaranteed Securities) for a term past 31 December 2011, the Crown guarantee will not apply after that date. Further information about the deposit guarantee scheme is available, free of charge and at all reasonable times, on the internet site maintained by, or on behalf of, the Treasury, at www.treasury.govt.nz

Secured Deposits (Excluded Securities) and Rural Saver (Excluded Securities) deposits offered by PGG Wrightson Finance are not covered by the guarantee given under the Crown retail deposit guarantee scheme

An Investment Statement is available by contacting PGG Wrightson Finance Ltd on 0800 744 346.

 

View the PGG Wrightson Finance Prospectus.  - 8MB
View the PGG Wrightson Finance Investment Statement and Application Form.  - 6MB

PFW030 Secured Bonds

Resilient performance from PGG Wrightson Finance
PGG Wrightson Finance Receives Positive Support from Bondholders
PGG Wrightson Finance Adjourns Bondholder Meeting
Notice of Adjourned Special Meeting of Bondholders
PGG Wrightson Finance announces proposed Bond Extension
Trustee Bondholder Letter
PGG Wrightson Finance Bondholder Notice of Meeting
PGG Wrightson Finance Second Deed of Variation
PGG Wrightson Finance Short Form Prospectus
PGG Wrightson Finance Trust Deed Relating to Bonds
PGG Wrightson Finance Debenture Trust Deed
Extended Crown Deed of Guarantee
Original Crown Deed of Guarantee
Replacement Crown Deed of Guarantee

For further information please contact us on 0800 744 346.
Please Refer Notes B and C

 

Credit Rating

Registered Prospectus and Investment Statement Disclosure


PGG Wrightson Finance has a local currency (New Zealand dollar) long-term issuer credit rating of BB with a Stable outlook from Standard & Poor’s.
Click credit rating for further information about this rating.

 

Note B: Secured Debenture Investments are secured by a first ranking charge (subject to prior permitted charges and claims given priority by legislation) over all assets of PGG Wrightson Finance Limited. Any secured debenture stock invested on the basis that interest will be paid out at the end of each month, will require a minimum investment of $20,000 and a 12 month minimum term.

Note C: Credit balances in respect of seasonal loans and rural saver accounts constitute unsecured deposits and rank equally with all other unsecured creditors of PGG Wrightson Finance Limited and behind secured debenture investments and any other charges or claims given priority by legislation.

 

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