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 Generator, 30 Waring Taylor Street, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand PO Box 2, Wellington 6140, New Zealand
NZX announcement – 14 April 2022
Precinct considers retail green bond offer
Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) is considering making an offer of
secured, 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 26 April 2022,
when the offer is expected to open.
Precinct has appointed ANZ Bank New Zealand Limited (ANZ) as Arranger and Green Bond Co-
ordinator and ANZ, Craigs Investment Partners Limited, Forsyth Barr Limited and Jarden Securities
Limited, 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 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 Bank New Zealand Limited
Phone: 0800 269 476
Joint Lead Managers
Craigs Investment Partners Limited Forsyth Barr Limited Jarden Securities Limited
0800 226 263 0800 367 227 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 Generator, 30 Waring Taylor Street, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand PO Box 2, Wellington 6140, New Zealand
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 predominantly in premium
and A-grade commercial office property. Listed on the NZX Main Board, PCT currently owns
Auckland’s HSBC Tower, AON Centre, Jarden House, Deloitte Centre, 204 Quay Street, Mason
Bros. Building, 12 Madden Street, 10 Madden Street, PwC Tower and Commercial Bay Retail;
and Wellington’s AON Centre, NTT Tower, Central on Midland Park, No. 1 and No. 3 The
Terrace, Mayfair House, Charles Fergusson Building, Defence House, Bowen House and
Freyberg Building. Precinct owns Generator NZ, New Zealand’s premier flexible office space
provider. Generator currently offers 13,600 square metres of space across nine locations in
Auckland and Wellington.
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.
- GNZ — Goodman NZ: GMT Bond Issuer Lodges PDS for Green Bond Offer2022-03-24
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- GNZ — Goodman NZ: Indicative Margin & Minimum Interest Rate for Green Bonds2022-04-04
“7 Lead Managers, for any loss suffered by any one or more of them by reason of any breach of the selling restrictions set out in this section headed "Part B - General selling restrictions". The timetable is indicative only and subject to change. The Issue…”