South Canterbury Finance (SCF), which went into receivership last month, enjoyed a steady credit rating from Standard & Poor's because the agency had factored in some expectation that fresh capital would come in from its principal shareholder, Alan
South Canterbury Finance (SCF), which went into receivership last month, enjoyed a steady credit rating from Standard & Poor’s because the agency had factored in some expectation that fresh capital would come in from its principal shareholder, Alan Hubbard.
