Precinct considers retail green bond offer
Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 19, 157 Lambton Quay, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
NZX announcement – 10 May 2021
Precinct considers retail green bond offer
Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) is considering making an offer
of secured, unsubordinated, fixed rate six year green bonds (Green Bonds) to institutional
investors and New Zealand retail investors.
It is expected that full details of the offer will be released in the week beginning 17 May 2021,
when the offer is expected to open.
Precinct has appointed ANZ Bank New Zealand Limited as Arranger and Green Bond Co-
ordinator (ANZ) and ANZ, together with Bank of New Zealand, Forsyth Barr Limited and Jarden
Securities Limited, as Joint Lead Managers in relation to the Green Bond offer. Investors can
register their interest in the offer by contacting a Joint Lead Manager as detailed below, or
their usual financial advisor. Indications of interest will not constitute an obligation or
commitment of any kind.
No money is currently being sought and applications for the Green Bonds cannot currently
be made. If Precinct offers the Green Bonds, the 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.
Arranger, Green Bond Co-ordinator and Joint Lead Manager
ANZ New Zealand Limited
Phone: 0800 269 476
Joint Lead Managers
Forsyth Barr Limited Bank of New Zealand Jarden Securities Limited
0800 367 227 0800 284 017 0800 005 678
Ends
Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 19, 157 Lambton Quay, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
For further information, please contact:
Scott Pritchard
Chief Executive Officer
Mobile: +64 21 431 581
Email: scott.pritchard@precinct.co.nz
George Crawford
Deputy Chief Executive Officer
Mobile: +64 21 384 014
Email: george.crawford@precinct.co.nz
Richard Hilder
Chief Financial Officer
Mobile: +64 29 969 4770
Email: richard.hilder@precinct.co.nz
About Precinct (PCT)
Precinct is New Zealand’s only listed city centre specialist investing predominately in premium
and A-grade commercial office property. Listed on the NZX Main Board, PCT currently owns
Auckland’s HSBC Tower, AMP Centre, Jarden House, 1 Queen Street, Mason Bros. Building, 12
Madden Street, 10 Madden Street and Commercial Bay; and Wellington’s AON Centre, NTT
Tower, No. 1 and No. 3 The Terrace, Mayfair House and Bowen Campus.
Precinct owns Generator NZ, New Zealand’s premier flexible office space provider. Generator
currently offers 13,600 square metres of space across four locations in Auckland.
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.
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