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Which entities are the counterparties to the concessionary loans forecast to total $68 million advanced by Ferry Holdings Limited at 0 percent interest against an assumed market rate of 5.75 percent, and what security, if any, does the Crown hold over those advances?

Answered Question 33684 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • Which entities are the counterparties to the concessionary loans forecast to total $68 million advanced by Ferry Holdings Limited at 0 percent interest against an assumed market rate of 5.75 percent, and what security, if any, does the Crown hold over those advances?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

To the extent that such information can be released, Ferry Holdings Limited has done so in section “l)” of its Statement of Performance Expectations.