Sharechat Logo

Allied Nationwide Finance performing loans up for sale

Thursday 10th March 2011

Text too small?

The receivers for Allied Nationwide Finance are seeking to sell the finance company's performing loans.

They are also seeking expressions of interest for performing receivables in Spiers Securities Ltd, which include business-related finance leases, consumer finance and conditional purchase agreements and other loan receivables, principally secured by motor vehicles and other chattels.

The Allied Nationwide Finance and Spiers Securities portfolios can be purchased jointly or separately but all loans within each portfolio must be bought as a whole.

Andrew Grenfell and Kerryn Downey of McGrathNicol were appointed receivers and managers of Allied Nationwide Finance on August 20 last year. The company was a unit of Allied Farmers.

 

NZPA



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

August 1st Morning Report
Infratil releases Climate Related Disclosures
The Warehouse Group Appoints Chief Digital & Transformation
The Financial Collapse Has Already Begun - Will You Be Caught Off Guard?
NWF - IMPLEMENTATION OF SCHEME OF ARRANGEMENT
EROAD Publishes FY25 Group Climate Statement
Synlait provides performance update
Air New Zealand Chief Executive Officer Appointment
July 30th Morning Report
IKE 1Q FY26 Performance Update