GENERAL FINANCE LIMITED OFFER OF TERM DEPOSITS

GENERAL FINANCE LIMITED
generalfinance.co.nz

Issuer's description of this product:
Term Deposits, a secured debt security

Minimum investment

$2,000

This is the minimum amount you would need to put into this in order to invest.

Closing date

Ongoing

This offer does not have a closing date and is a continuous issue. It's likely you'll be able to invest for the foreseeable future.

Maturity

Maturity type

This maturity type is used to classify bonds and other types of securities into broad categories.

Non-fixed

This investment does not have a fixed date of maturity, which can mean flexible or multiple terms are available.

Maturity details

Rate

Non-fixed

This investment offer does not have a single set rate. This may mean that the rate is variable or that there are multiple rates available.

Rate details


Key facts

Provider website

Issuer's industry

Financial/insurance

Credit ratings

Credit ratings can help you understand whether your investment in bonds will pay or if you'll get your money back. They indicate the long-term ability of the issuer to repay its debts. See also the Reserve Bank's primer on credit ratings and a map of the three scales used by the rating agencies.

Investment credit rating

BB with Stable Outlook

This is the credit rating for this particular bond or debt security.

Investment credit rating

This rating grades the quality of this investment, and can be a useful tool for gauging the risk of whether you'll get your money back as promised.

Issuer credit rating

BB with Stable Outlook
()

This is the credit rating for the organisation issuing the bond or debt security.

Maturity


Non-fixed

Maturity conditions description

Term deposits are issued for terms of three months, six months, one year, eighteen months, two years, three years, four years and five years

Rate


Non-fixed

Rate calculation description

The interest rates paid will depend on the term chosen for investment. Interest rates on term deposits are fixed for the terms selected.
Interest rates are available on our website, and subject to change without notice.

Additional details


Issuer details

Name

GENERAL FINANCE LIMITED

Type

NZ Limited Company

Industry

Financial/insurance

NZBN

Credit rating

BB with Stable Outlookon 06 Dec 2023

Supervisor

Name

COVENANT TRUSTEE SERVICES LIMITED

Offer details

Date registered

25 January 2016

Date opened

3 February 2016

Closing date

None

Offer credit rating

BB with Stable Outlook on 11 July 2024

Continuous issue

Yes

Further payments may be required

Yes

Restrictions on transfer

Yes

Restrictions on acquisition

No

Convertible product

No

Intending to list

No

Schedule 1 exemption

No

FMA exemption

No

Reference numbers

Offer

OFR10368: GENERAL FINANCE LIMITED OFFER OF TERM DEPOSITS

Next Steps

Want to know more about this investment or how it compares to others? Have a look at its peers.

Compare with other Bonds

Product disclosure statement

Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.

Getting investment advice

Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.

Interested in investing in this offer? Visit the provider's website. generalfinance.co.nz