| 3 Jun 2008 | Investors put money back into Geneva
Geneva Finance says that it has made its first capital repayment on schedule, following the conclusion of its capital reconstruction plan. |
| 6 Jun 2008 | Petricevic gets a big bill
Bridgecorp founder and director Rod Petricevic has lost his legal bid to have more than half a million dollars paid to him for |
| 9 Jun 2008 | Marac looks to make a bond offer
Marac Finance is following fellow finance company South Canterbury and making a bond offer to investors. |
| 10 Jun 2008 | PGG Wrightson says its reinvestment rates high
PGG Wrightson Finance has secured a $100 million facility from ASB Bank to support the continued growth of its rural lending. |
| 11 Jun 2008 | Marac confident of improved profit
Marac Finance says its asset growth has slowed, but that the company is performing well in current conditions. |
| 11 Jun 2008 | Marac's first-ranking debenture stock rated
Marac Finance's first-ranking secured debenture stock has been rated BBB- in its long-term rating and A-3 in its short-term rating by Standard & Poor's rating service. |
| 16 Jun 2008 | Geneva reports $7.88m loss
Geneva Finance has reported a $7.88 million loss for the year to March 31 blaming a raft of factors for the result. |
| 17 Jun 2008 | SCF Secured Bond issue closes oversubscribed
Strong support from across the investment sector has resulted in South Canterbury Finance's $125 million offer of Secured Bonds, including $50 million of oversubscriptions, closing fully subscribed.
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| 17 Jun 2008 | Dominion Finance seeks moratorium
NZX-listed Dominion Finance (DFG) is the latest finance company to run into trouble. |
| 18 Jun 2008 | Westpac to sell World Bank bonds
Westpac is to distribute a new retail investment product from the World Bank, the world's largest development organisation. |
| 20 Jun 2008 | Another fin coy bond offer
While much attention has been on bond offers from Marac and South Canterbury Finance, one other has been seeking Capital too. |
| 23 Jun 2008 | Bridgecorp directors to be prosecuted
Bridgecorp Ltd. and executive directors Rod Petricevic and Robert Roest face criminal charges over alleged false statements in a company prospectus. |
| 23 Jun 2008 | Strategic undertakes intensive year end review
Strategic Finance says that it is "undertaking an intensive review of its business", but says this is part of its year-end close off, rather than a signal of trouble. |
| 24 Jun 2008 | OPI sues Octaviar for $270m
OPI Pacific has issued a A$270 million legal claim against its major shareholder, the ASX-listed Octaviar, citing problems with the Australian group's lending activities. |
| 25 Jun 2008 | UDC Finance rating affirmed
UDC Finance today had its rating affirmed by Standard & Poor's, with a ranking of 'AA/A-1'. The outlook remains stable. |
| 25 Jun 2008 | Dorchester pulls finance company pin too
Dorchester Pacific has, as expected, withdrawn the prospectus for its finance company and is seeking time to repay debenture holders.
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| 27 Jun 2008 | Strategic Finance MBO on cards
Strategic Finance's Australian parent company has confirmed an MBO of the company is currently being discussed. |
