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Fisher & Paykel Finance may issue bonds
Wednesday 27th of July 2011
"It's one of a number of things we're looking at," says managing director Alistair Macfarlane.
"Retail bonds provide another avenue of funding for us. At the moment, we're not actively pursuing it but it's certainly an option."
Funding diversification has always been one of the company's strategies, he says. "How we do that an how we execute that is up for discussion."
At March 31, debentures accounted for 24% of the company's funding with wholesale or bank funding accounting for 40% and the other 26% from securitisation.
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