By Gareth Vaughan
Fisher & Paykel Finance, whose ultimate parent is now China's Haier, has reiterated that it's not on the block.
The consumer lender has issued a new prospectus which seeks to borrow up to $300 million through issuing first ranking secured deposits.
In it F&P Finance says its directors don't currently expect last November's takeover of its parent, whiteware maker Fisher & Paykel Appliances, by Haier to change its business. However, the company notes Haier's takeover notice did say the Chinese company could potentially sell F&P Finance.
"As at the date of this prospectus, our directors are not aware of any proposal to divest the Fisher & Paykel Finance business," F&P Finance says.
This is an abridged version of this article. The full version was published in our email for paid subscribers. See here for more details and to subscribe.
We welcome your comments below. If you are not already registered, please register to comment.
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.