Issuer's description of this product:

Secured unsubordinated fixed rate bonds

Minimum investment

$5,000

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

Closing date

12 Feb 2021

This is when this offer closes to investors.

Maturity

22 Feb 2028

This investment offer finishes on the above date.

Maturity details

Rate

2.87%

This investment offer returns this percentage of interest rate.

Rate details

Key facts

Provider website

Intending to list

The issuer has indicated that they are intending to list this investment on a public exchange, or that it is already listed. See the listing here: nzx.com

Issuer's industry

Healthcare/social assistance

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

Not provided

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

Issuer credit rating

Not provided

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

Maturity

22 February 2028

Maturity description

This investment offer finishes on the above date.

Rate

2.87%

Key documents

These are the most important documents that a provider is required to file about this investment.

Product disclosure statement

Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.

pdf, 1.4 MB

Additional disclosure documents

Additional details

Issuer details

Name

ARVIDA GROUP LIMITED

Type

NZ Limited Company

Industry

Healthcare/social assistance

Website

NZBN

Credit rating

Not provided

Supervisor

Name

THE NEW ZEALAND GUARDIAN TRUST COMPANY LIMITED

Offer details

Date registered

28 January 2021

Date opened

09 February 2021

Closing date

12 February 2021

Continuous issue

No

Further payments may be required

Yes

Restrictions on transfer

No

Issuer can withhold, reduce, or delay payment

No

Convertible product

No

Intending to list

Yes : nzx.com

Schedule 1 exemption

No

FMA exemption

No

Reference numbers

Offer

OFR13032: OFFER OF 7 YEAR SECURED FIXED RATE BONDS ISSUED BY ARVIDA GROUP LIMITED

Next steps

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

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.

Market listing

The provider has indicated they are intending to list this investment, or that it is already listed, on a public securities market. Here's where to find the market listing: nzx.com

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. arvida.co.nz