KEY POINTS:
An offer by Dunedin-based meat co-operative PPCS to raise up to $75 million in four-year fixed rate secured bonds opens today.
The interest rate on the secured bond offer had been set at 10.25 per cent a year, payable quarterly.
An offer by Dunedin-based meat co-operative PPCS to raise up to $75 million in four-year fixed rate secured bonds opens today.
The interest rate on the secured bond offer had been set at 10.25 per cent a year, payable quarterly.
'Debt becomes more like a rent payment that people get so used to paying.'