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F. and P. affiliate pays 16 per cent

F. and P. Dealer Rentals, Ltd, has filed a prospectus for a further issue of secured debentures; its top rate has been increased from 15 per cent to 16 per cent. The new top rate applies to the 24 month, 30 month, and three-year terms. The issue is for $1 million, ivith the right to accept oversubscriptions of a further $1 million. Interest rates for the latest

issue are: Three months, 12.0 per cent ( ew term); six months, 13.0 per cent (previously 12.0 per cent); nine ■ months, 13.5 per cent (13.0); (twelve months, 15.25 per cent (14.25); eighteen months, 15.75 per cent. (14.75); twenty four months, 16.0 per cent (14.75); thirty months 16.0 per cent (15.0); three years 16.0 per cent (15.0); four years 15.0 per cent (14.0); five years 15.0 per cent (14.0). .

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19800416.2.125.4

Bibliographic details

Press, 16 April 1980, Page 25

Word Count
142

F. and P. affiliate pays 16 per cent Press, 16 April 1980, Page 25

F. and P. affiliate pays 16 per cent Press, 16 April 1980, Page 25