With the cost of living heading north and the value of your hard-earned cash being eaten away, where do you turn?
EastPack Notes is a new investment offer particularly suited to inflationary times like these. The interest rate is fixed annually to generate a minimum interest rate return of 8.5% p.a. – OR the five-year government bond rate + 4.5% - whichever is highest.
Based on the latest government bond rate, the interest rate in Year 1 has been fixed at 8.9% p.a.
This is an investment in the continued growth of EastPack, one of New Zealand’s largest kiwifruit post-harvest operators, based in Bay of Plenty.
The expansion will position EastPack to make the most of projected 35% growth in the volume of our national SunGold kiwifruit crop during the next five years – a result of increased plantings and younger orchards reaching maturity. This volume growth is fuelling high demand for more fruit processing and cool storage capacity in Bay of Plenty.
EastPack Notes is an exciting opportunity to invest in the success of a long established, reputable operator experiencing the massive growth of our No.1 horticultural export. Here’s the summary:
- EastPack Notes is an offer of unsecured, subordinated, fixed rate debt securities
- Open to all investors in New Zealand
- Minimum return 8.5% p.a., set annually
- First year interest rate set at 8.9% p.a.
- 5 year investment term*
- Interest paid quarterly
- Minimum investment $20,000
- Check out the investment video here
Please ensure you have received, read and understood the Product Disclosure Statement dated 4th November before making your application.
This offer closes 5pm, Monday 12th December 2022.
* with the option for EastPack to redeem after three years