Allotment of securities – KPG030
NZX RELEASE
19 December 2017
Allotment of securities
Pursuant to Listing Rule 7.12.1, Kiwi Property Group Limited gives notice as follows:
(a) Class of security and ISIN: Fixed-rate senior secured bonds. The ISIN is NZKPGD0030L5
(b) Number of securities issued: 125,000,000
(c) Issue price: $1.00
(d) Payment: Cash
(e) Amount paid up: Fully paid
(f) Principal terms of the securities (other than for quoted securities): Not applicable as
quoted securities
(g) % of the total class of securities issued: 100%
(h) Reason for issue: The bonds were issued to repay bank debt and for general corporate
purposes as described in the Terms Sheet dated 12 December 2017
(i) Specific authority for issue: Board resolution dated 7 November 2017
(j) Terms or details of issue: As described in the Terms Sheet dated 12 December 2017
(k) Total number of securities of the class in existence after the issue: 125,000,000
(l) Treasury stock acquisition: Not applicable
(m) Date of issue: 19 December 2017
> Ends
Contact us for further information
Stuart Tabuteau
Chief Financial Officer
stuart.tabuteau@kp.co.nz
+64 9 359 4025
mobile +64 21 912 247
About us
Kiwi Property (NZX: KPG) is the largest listed property company on the New Zealand Stock
Exchange and is a member of the S&P/NZX 15 Index. We’ve been around for more than 20 years
and we proudly own and manage a $2.9 billion portfolio of real estate, comprising some of New
Zealand’s best shopping centres and prime office buildings. Our objective is to provide investors
with a reliable investment in New Zealand property by targeting superior risk-adjusted returns over
time through the ownership and active management of a diversified, high-quality portfolio. S&P
Global Ratings has assigned Kiwi Property a corporate credit rating of BBB (stable) and an issue
credit rating of BBB+ for each of its existing fixed-rate senior secured bonds. Kiwi Property is
licensed under the Real Estate Agents Act 2008. To find out more, visit our website kp.co.nz
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- PFI — Property for Industry Limited: Bond Offer – Allotment2017-11-27
“NZX and media announcement — 28 November | 2017 BOND OFFER – ALLOTMENT NZX listed industrial property landlord Property for Industry Limited (PFI) is pleased to announce, as required by 7.12.1 of the NZX Main Board Listing Rules, the following details for securities…”
- PFI — Property for Industry Limited: Rights Offer – Allotment2017-11-06
“NZX and media announcement — 7 November | 2017 RIGHTS OFFER - ALLOTMENT NZX listed industrial property landlord Property for Industry Limited (PFI) is pleased to announce, as required by 7.12.1 of the NZX Main Board Listing Rules, the following details for securities…”
- PCT — Precinct Properties New Zealand Limited: NOTICE OF ALLOTMENT OF SENIOR SECURED FIXED RATE BONDS2017-11-26
“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 ww…”