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.