Argosy Property Limited logo

Argosy Adds New Bank Facility

Debt Issuance25 March 2020ARGReal Estate

1 ⸺

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,

Hongkong and Shanghai Banking Corporation, Commonwealth Bank of Australia and

Westpac New Zealand Limited.

The new $50m Tranche (Tranche H) will provide additional liquidity headroom above

existing drawn down debt. The new facility expiries 30 April 2022.


Argosy’s nearest bank expiry is October 2021.

− END −

Market Update

25 March 2020

Argosy Adds $50 million to Bank Facility

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: Kiwi Property concludes bank debt extensions
    2020-03-27

    NZX RELEASE 27 March 2020 Kiwi Property concludes bank debt extensions Kiwi Property has successfully refinanced $147 million of bank debt facilities with HSBC and CBA. The facilities were previously due to expire in the 2021 and 2022 financial years and have been exte…”

  • KPG — Kiwi Property: Kiwi Property completes bank debt refinancing
    2020-03-23

    NZX RELEASE 23 March 2020 Kiwi Property completes bank debt refinancing Kiwi Property has successfully refinanced $214 million of bank debt facilities with ANZ, BNZ and Westpac. The facilities were due to expire in the 2021 and 2022 financial years, and have been extende…”

  • ANZ — ANZ Group Holdings Limited: ANZ 2020 Half Year Results Documents
    2020-04-29

    focus on. And clearly leading into this situation, regulatory matters including anti-money laundering were top of mind and will continue to be top of mind as we go forward. For media enquiries contact: Stephen Ries, +61 409 655 551 Nick Higginbottom, +61 403 936 262…”