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Hot Topic Local Govt
Hot Topic Local Govt
General Business
2 mins to read

Finance company receivership ends after 13 years

Capital + Merchant Finance debenture investors have ended up with less than 10c on the dollar.

Tim Hunter Wed, 23 Dec 2020

Receivers have rung down the final curtain on failed finance company Capital + Merchant Finance 13 years after their appointment.

In their closing report, receivers Grant Graham and Brendon Gibson of Calibre Partners noted 7500 debenture investors, owed $167 million when the company collapsed,

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Tim Hunter Wed, 23 Dec 2020
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Finance company receivership ends after 13 years
General Business,
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