ARGOSY CONSIDERS GREEN BOND OFFER
1 ⸺
Argosy Property Limited (‘Argosy’) is considering making an offer (‘Offer’) of up to $125,000,000
(with the ability to accept up to an additional $25,000,000 of oversubscriptions at Argosy's
discretion) of senior secured fixed rate 7 year green bonds ('Green Bonds') to New Zealand
retail and institutional investors.
It is expected that full details of the Offer will be released in the week commencing 12 October
2020, when the Offer is expected to open.
No money is currently being sought and no Green Bonds can be applied for until the Offer
opens.
Any Offer will be made in accordance with the Financial Markets Conduct Act 2013 as an offer
of debt securities of the same class as existing quoted debt securities. The Green Bonds are
expected to be quoted on the NZX Debt Market.
Argosy has appointed ANZ Bank New Zealand Limited (‘ANZ’) as Arranger and Green Bond Co-
ordinator and ANZ, together with Forsyth Barr Limited, Hobson Wealth Partners Limited, Jarden
Securities Limited and Westpac Banking Corporation (ABN 33 007 457 141) (acting through its
New Zealand branch) as Joint Lead Managers in relation to the Offer.
Investors can register their interest in the Offer by contacting a Joint Lead Manager as detailed
below, or their financial adviser. Indications of interest will not constitute an obligation or
commitment of any kind.
Any Green Bonds issued by Argosy under the Offer (if made) will be issued in accordance with
Argosy's Green Bond Framework.
ARRANGER & JOINT LEAD
JOINT LEAD MANAGER MANAGERS
0800 269 476 0800 367 227 0800 742 737
0800 005 678 0800 942 822
− END −
Market Release
9 October 2020
ARGOSY CONSIDERS GREEN BOND OFFER
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.
- MCY — Mercury NZ Limited: Mercury lodges PDS for green bond offer2020-08-20
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- MCY — Mercury NZ Limited: Quotation Notice- Mercury NZ Limited (“MCY030”) Green Bonds2020-09-04
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- MCY — Mercury NZ Limited: Mercury’s indicative margin range for green bond offer2020-08-30
“IssuerMercury NZ Limited (Mercury) Description of Green Bonds Unsecured, unsubordinated fixed rate green bonds (Green Bonds). Term7 years, maturing Tuesday 14 September 2027. Offer AmountUp to $150,000,000 (with the ability to accept oversubscriptions of up to an additional $50…”