Argosy Property Limited logo

Argosy Adds to Bank Facility

Debt Issuance8 August 2019ARGReal Estate

8 August 2019

MARKET RELEASE

Argosy Adds to Bank Facility



Argosy has announced it has added to its existing syndicated bank facilities with ANZ Bank New

Zealand Limited, Bank of New Zealand Limited and Hongkong and Shanghai Banking

Corporation.

A new $50m Tranche (Tranche F) will provide additional liquidity headroom above existing

drawn down debt. The new facility is for a 2-year period to 8 August 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

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.

  • KPG — Kiwi Property: Bank debt extensions
    2019-05-15

    NZX RELEASE 16 May 2019 Bank debt extensions Kiwi Property advises that it has extended $166 million of existing bank debt facilities. The facilities with ANZ Bank New Zealand, Bank of New Zealand, Commonwealth Bank of Australia and Westpac New Zealand, which were due…”

  • ANZ — ANZ Group Holdings Limited: Notification of Commencement of a Substantial Holding
    2019-09-09

    Australia and New Zealand Banking Group Limited ABN 11 005 357 522 9 September 2019 Notification of Commencement of a Substantial Holding Pursuant to the NZX Listing Rules, please find attached an announcement released by a third party, SKC, on ASX and cross-released under…”

  • PFI — Property for Industry Limited: Refinancing of Bank Facilities
    2019-11-03

    NZX and media announcement — 4 November 2019 REFINANCING OF BANK FACILITIES Property for Industry Limited (PFI, the Company) is pleased to announce the refinancing of the Company’s bank facilities. Existing lenders ANZ, BNZ, CBA and Westpac have each c…”