close
MENU
2 mins to read

How much did South Canterbury lose on Face?


Matt Nippert
Mon, 23 May 2011

South Canterbury Finance is likely to have booked a loss from the sale of Face Finance to GE Capital, according to receivers reports.

While the release announcing the transaction referred to "over $100 million of commercial loans" changing hands, the specialised equipment and plant lender

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Matt Nippert
Mon, 23 May 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
How much did South Canterbury lose on Face?
14777
true