Impressive returns growing in challenging times.
In the months since EastPack Notes' successful launch, it has been no secret that the Kiwifruit industry has faced challenges. Picking for the current season finished in June and after a sustained period of extreme weather events, a much smaller crop than expected has been produced, impacting both growers and post-harvest profitability.
However, it is a credit to EastPack's adaptable business model that they can reduce overheads by scaling their staffing costs and tightening capital expenditure while still having sufficient packing and cool-store capacity to meet increased forecast demand in 2024.
EastPack and Zespri predict rapid growth in the industry over the next few years, and the post-harvest sector needs to expand significantly to ensure growers can pack and store their fruit. Investing in EastPack Notes lets you support New Zealand’s largest horticultural sector, a significant provider of employment, local industry and income across the country.
More importantly for Notes holders, EastPack has paid out over $1m of interest to investors, who have benefitted from an 8.9% return on their investment so far.
EastPack Notes are currently available to wholesale investors only.
The horticultural industry may face volatile times, but EastPack Notes continues to perform to expectations.
EastPack Notes: a fixed-term debt instrument with initial returns of 8.9% p.a.
EastPack Notes, are an investment in the continued growth of EastPack, one of New Zealand’s largest kiwifruit post-harvest operators, based in Bay of Plenty.
- Open to Wholesale investors
- Minimum return 8.5% p.a., or the New Zealand 5 year Government Bond Rate, plus a margin of 4.5%, whichever is higher. Reset annually.
- First year interest rate set at 8.9% p.a.
- 5 year investment term*
- Interest paid quarterly
- Minimum investment $20,000