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Media Statement PGG Wrightson Finance and South Canterbury Finance approved for extended Retail Deposit Guarantee Scheme

1 Apr 2010

The Treasury today approved PGG Wrightson Finance Limited and South Canterbury Finance Limited for the extended Retail Deposit Guarantee Scheme.

A copy of the Deed of Guarantee for PGG Wrightson Finance Limited is available on Approved Institutions.

A copy of the Deed of Guarantee for South Canterbury Finance Limited is available on Approved Institutions.

The current Retail Deposit Guarantee Scheme ends on 12 October 2010 and the extension scheme starts immediately afterwards. The extension scheme will end on 31 December 2011. Participation in the extension scheme is voluntary.

Further information about extension see Retail Deposit Guarantee Scheme.

ENDS

News media contact:

Angus Barclay | Senior Communications Advisor
Tel: +64 4 917 6146
Mob: +64 (0)27 337 1102
Email: angus.barclay@treasury.govt.nz
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