Debt deadline looms for Kerr’s Pyne Gould Corp
Investment company believes lenders will extend loan terms on $188m of debt due in January.
Hanley’s Farm near Queenstown, being developed by Pyne Gould Corp’s real estate unit RCL.
Investment company Pyne Gould Corporation, controlled by ex-pat businessman George Kerr, faces a looming January deadline for $188 million of debt but says financiers are likely to extend and increase its loan facilities.
Financial statements for Pyne Gould posted to the Guernsey-based International
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