There are some aspects of this fund which may require extra consideration before deciding to invest.

FMA exemption

Some funds are exempted from the disclosure requirements, so certain information may not be available for these offers. Or the information provided might be in a different form, given the bespoke nature of the offer. Here's more on Financial Markets Authority exemptions.

Financial Markets Conduct (CBL Corporation Limited and CBLNZ Limited) Exemption Notice 2015

Restrictions on acquisition

In this case, there are limits or exclusions on buying this investment that are important to know and acknowledge before you do.

There is no general public offer. Members of the public wishing to subscribe for shares must be allocated shares by an NZX Firm; there is no public pool under which you can subscribe for shares. You should contact an NZX Firm to determine whether you may be offered shares under the Broker Firm Offer.

Issuer's description of this product:

Ordinary shares

Minimum investment

$1,000

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

Fixed offer price

None

There is no fixed offer available for this investment.

Fixed offer price details

Closing date

06 Oct 2015

This is when this offer closes to investors.

Key facts

Provider website

Minimum total to be raised

The issuer of this investment has indicated that a minimum of $90,000,000 must be raised before it is issued.

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: 

Issuer's industry

Financial/insurance

Fixed offer price details

None

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, 829 KB

Additional details

Issuer details

Name

CBL CORPORATION LIMITED

Type

NZ Limited Company

Industry

Financial/insurance

NZBN

Credit rating

Not provided

Offer details

Date registered

07 September 2015

Date opened

07 September 2015

Closing date

06 October 2015

Continuous issue

No

Further payments may be required

No

Restrictions on transfer

No

Restrictions on acquisition

Yes: There is no general public offer. Members of the public wishing to subscribe for shares must be allocated shares by an NZX Firm; there is no public pool under which you can subscribe for shares. You should contact an NZX Firm to determine whether you may be offered shares under the Broker Firm Offer.

Convertible product

No

Intending to list

Yes

Schedule 1 exemption

No

FMA exemption

Yes: Financial Markets Conduct (CBL Corporation Limited and CBLNZ Limited) Exemption Notice 2015

Reference numbers

Offer

OFR10268: INITIAL PUBLIC OFFERING OF ORDINARY SHARES IN CBL CORPORATION 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: 

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. cblcorporation.co.nz