Argosy Adds Banking Facility

28 February 2018

MARKET RELEASE
Argosy Adds to Bank Facility


Argosy has announced it had secured an additional Tranche to its existing syndicated bank
facilities with ANZ Bank New Zealand Limited, Bank of New Zealand Limited and Hongkong
and Shanghai Banking Corporation.
The new $50m Tranche (Tranche D) will provide additional liquidity headroom above
existing drawn down debt. The new facility is for a 3-year period to 28 February 2021.
Argosy’s bank facilities are as follows:
• Tranche A - $275m through to 31 October 2021;
• Tranche B - $275m through to 30 September 2020;
• Tranche C - $25m through to 31 October 2021
• Tranche D (new) - $50m through to 28 February 2021

-END-

Enquiries
Peter Mence
Chief Executive Officer
Argosy Property Limited
Telephone: 09 304 3411
Email: pmence@argosy.co.nz

Dave Fraser
Chief Financial Officer
Argosy Property Limited
Telephone: 09 304 3469
Email: dfraser@argosy.co.nz

Stephen Freundlich
Head of Investor Relations
Argosy Property Limited

Telephone: 09 304 3426
Email: sfreundlich@argosy.co.nz