CONVERSION LOAN.
NEW BRITISH ISSUE. SAVE £9,000,000 INTEREST. t HANi KI.IAIK'S ANNIU'NCKMKNT. I Keceivcil 111. to a.111.1 LONDON. .I.mu.ii > 17. 1 lie ( hau,'ellor ot the I'.\l'lioi[l!<t, Sir •fi'lin Siiiw>u, anilouiieed tll.it, the 11.,I 1 ., per cent, conversion l, M n. l!»4<» 11, would be lepaid at. the earliest, op port un iU . l''orinal notice of repayment on .lul\ 1 uas therelore given. Holders were offered the alternative of beinii ropaid in cash, or by conversion to a new loan, with Interest at 2 per cent, repayable in 1943-4."i. Holders wJio accept conversion will receive £100 of the new loan for evert X lull of the old. •In* conversion will save between I'K.IKHI.OOO and £9.000,000 in interest annually.
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Bibliographic details
Auckland Star, Volume LXXI, Issue 15, 18 January 1940, Page 4
Word Count
117CONVERSION LOAN. Auckland Star, Volume LXXI, Issue 15, 18 January 1940, Page 4
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Acknowledgements
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