30 Sep 2010

SCF debentures to be repaid in October

6:10 am on 30 September 2010

The trustee of South Canterbury Finance says its 35,000 debenture and deposit holders will be repaid next month.

The failed lender was part of the Government's retail deposit guarantee when it went into receivership on 31 August.

The trustee has already repaid about $350 million to bondholders.