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Latest Deposit Rate News
Monday 3 July 2017
TIP Trailer Services, a subsidiary of HNA Group leading the purchase of UDC from ANZ, has secured new financing arrangements to a total of $2.7 billion for UDC which will be effective when the sale is complete. The lenders include UDC’s current owner, ANZ, as well as Commonwealth Bank of Australia, Westpac, Deutsche Bank AG, a fund managed by Credit Suisse Asset Management, and the NZ More »
Wednesday 21 June 2017
UDC Finance debenture holders have voted to pass a special resolution to change the company's trust deed, clearing the way for sale. More »
Tuesday 6 June 2017
UDC Finance says its half-year profit of $30.2 million positions it well for new ownership. More »
Thursday 4 May 2017
While banks clamp down on lending and restrictions tighten for investors, one non-bank lender has more money to offer than ever. More »
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