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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 20 June 2017
The new term deposit is believed to have one of the best combinations of high interest and flexibility from any rated New Zealand credit union or bank. More »
Tuesday 6 June 2017
UDC Finance says its half-year profit of $30.2 million positions it well for new ownership. More »
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