New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul>
<li>Spark NZ (SPK) has entered into an arrangement with Challenger Limited (CGF.AX) to create a new financing structure for the interest-free plans SPK offers to its customers to purchase mobile phones and other products.</li>
<li>This arrangement will see SPK sell ~NZ$240m of existing receivables to Challenger, reducing its net debt.</li>
<li>Importantly, SPK will also sell all future interest-free plan receivables to Challenger, eliminating the working capital drag from growing interest-free mobile handset sales.</li>
</ul>


Spark NZ (SPK) has entered into an arrangement with Challenger Limited (CGF.AX) to create a new financing structure for the interest-free plans SPK offers to its customers to purchase mobile phones and other products.
This arrangement will see SPK sell ~NZ$240m of existing receivables to Challenger, reducing its net debt.
Importantly, SPK will also sell all future interest-free plan receivables to Challenger, eliminating the working capital drag from growing interest-free mobile handset sales.


Spark New Zealand

Spark NZ A New Phone For Christmas