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Allied Farmers unwinds $20.9m debt factoring arrangement

Allied Farmers is trying to unwind $20.9 million worth of debt factoring arrangements between subsidiary companies as the group prepares its full year accounts to be released next month.The facility was established to provide Allied Farmers Rural with wor

Duncan Bridgeman
Fri, 04 Jun 2010

Allied Farmers is trying to unwind $20.9 million worth of debt factoring arrangements between subsidiary companies as the group prepares its full year accounts to be released next month.

The facility was established to provide Allied Farmers Rural with working capital 11 years ago.

Debt owed to the

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Duncan Bridgeman
Fri, 04 Jun 2010
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Allied Farmers unwinds $20.9m debt factoring arrangement
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