South Canterbury Finance chief executive Sandy Maier says it's still hard to tell how much impact the statutory management of Allan Hubbard has had on investor confidence.
Before Mr Hubbard's troubles, Mr Maier told investors in Wellington in mid-June, that the company had heard from 10,000 of its investors and about two-thirds by number and value, had agreed to rollover their investment.
South Canterbury Finance has $519 million in secured debenture stock maturing in October.
The Government put Mr Hubbard in statutory management on 20 June and Mr Maier says it's still unclear if investors have been frightened off.
He says investors appear confused at this stage.
