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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.

Tim Hunter Thu, 23 Nov 2023

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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Debt deadline looms for Kerr’s Pyne Gould Corp
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