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PR Newswire
27-09-2014, 08:49 AM
http://www.businesstimes.com.sg/premium/...m-20140927
PUBLISHED SEPTEMBER 27, 2014
NZ dairy farming trust aims to raise NZ$100m
The dairy industry in Australia and New Zealand has become a popular investment target in recent years as consumers in emerging economies in the region, notably China, demand more and higher-quality dairy products. - PHOTO: BLOOMBERG
Singapore
AQUILA Capital Farms NZ is marketing its first New Zealand dairy farming trust to regional investors, betting on growing overseas interest in the country's key export industry and demand for steady returns from this sector.
The trust aims to raise NZ$100 million (S$100.5 million) from institutional investors outside New Zealand, according to marketing materials given to prospective investors in Singapore. It will lend the money to dairy farmers who will pay an interest between 2.5 and 10 per cent, depending on the milk prices set by New Zealand's milk exporter Fonterra Co-Operative Group Ltd each year.
Investors can expect a return on their investment of 2.5 to 8.5 per cent.
PUBLISHED SEPTEMBER 27, 2014
NZ dairy farming trust aims to raise NZ$100m
The dairy industry in Australia and New Zealand has become a popular investment target in recent years as consumers in emerging economies in the region, notably China, demand more and higher-quality dairy products. - PHOTO: BLOOMBERG
Singapore
AQUILA Capital Farms NZ is marketing its first New Zealand dairy farming trust to regional investors, betting on growing overseas interest in the country's key export industry and demand for steady returns from this sector.
The trust aims to raise NZ$100 million (S$100.5 million) from institutional investors outside New Zealand, according to marketing materials given to prospective investors in Singapore. It will lend the money to dairy farmers who will pay an interest between 2.5 and 10 per cent, depending on the milk prices set by New Zealand's milk exporter Fonterra Co-Operative Group Ltd each year.
Investors can expect a return on their investment of 2.5 to 8.5 per cent.