About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Friday, October 20th, 6:43PM
rss
Latest Headlines

Finance boost for UDC buyer

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.

Monday, July 3rd, 8:34PM

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 Superannuation Fund.

“We are pleased to have the commitment from these lenders for the secured funding facilities that back our lending programme,” said Bob Fast, President and chief executive of TIP Trailer Services...MORE»

UDC vote approves trust deed change

Wednesday, June 21st, 7:33PM

UDC Finance debenture holders have voted to pass a special resolution to change the company's trust deed, clearing the way for sale.

MORE»

NZCU Baywide offering high interest and flexible term deposit options

Tuesday, June 20th, 4:55PM

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»

 

Previous News

UDC: On track for sale

Tuesday, June 6th, 7:21PM

UDC Finance says its half-year profit of $30.2 million positions it well for new ownership.

MORE»

FMT ticks over $500m in investments

Thursday, May 4th, 8:10AM

While banks clamp down on lending and restrictions tighten for investors, one non-bank lender has more money to offer than ever.

MORE»

Shareholders chip in

Monday, April 10th, 6:00AM

Kiwibank has had to go to its new shareholders for more money.

MORE»

UDC gets downgraded on sale news

Thursday, January 12th, 10:23AM

UDC has had its credit rating down-graded following ANZ's announcement it plans to sell the business to a private Chinese conglomerate, and questions are raised about the future of the finance company.

MORE»

ANZ sells UDC Finance

Wednesday, January 11th, 11:21AM

ANZ Bank New Zealand  has agreed to sell its asset finance business, UDC Finance, for $660 million to HNA Group.

MORE»

MORE NEWS»

Today's Best Bank Rates
Heartland Bank 2.75  
Based on a $50,000 deposit
More Rates »
News Bites
Latest Comments
  • Should lawyers give financial advice?
    “It would be appropriate for Lawyers and accountants active in this space to follow similar CPD to Financial Advisers. Logging...”
    2 days ago by Licensed Adviser
  • Should lawyers give financial advice?
    “Good article, John - and agree with Brett. There is nothing in an LLB or CA qualification that prepares a lawyer or an account...”
    2 days ago by dcwhyte
  • Insurers support robo options
    “I agree it should be permitted. It would certainly help NZ's underinsurance situation. Both Naomi and Fidelity have correctly...”
    3 days ago by Referee
  • Kickbacks to agents shouldn't happen, but do
    “Gee Consumer, is that a problem affecting thousands or is this a rumour you have heard. Here is another rumour. King Country...”
    3 days ago by Bikedude
  • Should lawyers give financial advice?
    “A further thought. In the section “What do lawyers think” I can see it is ok for a lawyer to tell someone to put their...”
    3 days ago by Brent Sheather
Subscribe Now

Deposit Rates newsletter

Previous News

MORE NEWS»

Most Commented On
News Quiz

The maximum remuneration model for Australian life insurance advisers is to be set at what?

Upfront 40% + trail 20%

Upfront 50% + trail 10%

Upfront 50% + trail 20%

Upfront 60% + trail 10%

Upfront 60% + trail 20%

MORE QUIZZES »

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com