Part cancellation of bank facility

29 March 2019

MARKET RELEASE
PARTIAL CANCELLATION OF BANK FACILITY FOLLOWING GREEN BOND
OFFER ALLOTMENT


Argosy Property Limited (“Argosy” or the “Company”) has announced that, following the
allotment of $100 million of senior secured fixed rate 7 year green bonds, Argosy has cancelled
$100 million of bank facilities that were due to expire in October 2021.

Argosy also confirmed that the bonds were swapped back to floating interest rates via fixed
rate receiver swaps.





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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