Precinct considers retail bond offer
Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 19, 157 Lambton Quay, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
NZX announcement – 9 November 2017
Precinct considers retail bond offer
Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) is considering making an offer
of secured, unsubordinated, fixed rate 7 year bonds (Bonds) to institutional and New
Zealand retail investors.
It is expected that full details of the offer will be released in the week beginning 13
November 2017, when the offer is expected to open.
Precinct has appointed ANZ Bank New Zealand Limited (ANZ) as Arranger and ANZ,
together with First NZ Capital Securities Limited and Forsyth Barr Limited, as Joint Lead
Managers in relation to the Bond offer. Precinct has also appointed Hobson Wealth Partners
Limited as the Co-Manager in relation of the Bond offer.
Investors can register their interest in the offer by contacting a Joint Lead Manager or the
Co-Manager as detailed below, or their financial advisor. Indications of interest will not
constitute an obligation or commitment of any kind.
No money is currently being sought and applications for the Bonds cannot currently be
made. If Precinct offers the Bonds, the offer will be made in accordance with the Financial
Markets Conduct Act 2013 as an offer of debt securities of the same class as existing quoted
debt securities. The Bonds are expected to be quoted on the NZX Debt Market.
Arranger and Joint Lead Manager
ANZ New Zealand Limited
Phone: 0800 269 476
Joint Lead Managers
First NZ Capital Securities Limited Forsyth Barr Limited
Phone: 0800 005 678 Phone: 0800 367 227
Co-Manager
Hobson Wealth Partners Limited
Phone: 0800 742 737
Ends
Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 19, 157 Lambton Quay, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
For further information, please contact:
Scott Pritchard George Crawford
Chief Executive Officer Chief Operating Officer
Office: +64 9 927 1640 Office: +64 9 927 1641
Mobile: +64 21 431 581 Mobile: +64 21 384 014
Email: scott.pritchard@precinct.co.nz Email: george.crawford@precinct.co.nz
Richard Hilder
Chief Financial Officer
Office: +64 9 927 1645
Mobile: +64 29 969 4770
Email: richard.hilder@precinct.co.nz
About Precinct (PCT)
Precinct is New Zealand’s only listed city centre specialist investing predominately in premium
and A-grade commercial office property. Listed on the NZX Main Board, PCT currently owns
15 New Zealand buildings – Auckland’s PwC Tower, AMP Centre, ANZ Centre, Zurich House,
HSBC House, Mason Brothers Building, 12 Madden Street and Commercial Bay; and
Wellington’s State Insurance Building, 157 Lambton Quay, No. 1 and No. 3 The Terrace, Pastoral
House, Mayfair House, Deloitte House and Bowen Campus.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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