Oceania Natural offers 'manuka bonds' to fund honey supply
Sean Joyce's CM Partners designed the new type of bond, secured over a barrel of honey.
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NXT-listed Oceania Natural [NXT: ONL] is offering ‘manuka bonds’ to wholesale investors to fund its bulk honey supply.
An interest rate of 8% a year is offered for the 12-18 month bonds, which will be secured by a first ranking specific security interest over barrels of manuka honey bought with
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Calida Smylie
Fri, 12 Aug 2016
Fri, 12 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Oceania Natural offers 'manuka bonds' to fund honey supply
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