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Argosy refinances bank facilities

Debt Issuance18 March 2021ARGReal Estate

1 ⸺

Argosy has announced it has refinanced its existing syndicated bank facilities with ANZ

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

Banking Corporation, Commonwealth Bank of Australia and Westpac New Zealand

Limited.

The total amount of the bank facility is now $490 million, down from $535 million previously.

The earliest Tranche expiry is April 2023.

Argosy’s total funding tenor (including green bonds) is currently 4.2 years.




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Market Update

18 March 2021

Argosy refinances bank facilities

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.

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