Winton Land Limited/Announcement
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Winton – Repayment of Project Finance Debt Facility

Debt Issuance20 June 2022WINReal Estate

MARKET ANNOUNCEMENT
NZX: WIN / ASX: WTN

21 June 2022


REPAYMENT OF PROJECT FINANCE DEBT FACILITY

Winton is pleased to confirm to its shareholders that it has repaid the $130m project finance debt

facility relating to the Lakeside development. As recorded in the Product Disclosure Statement

dated 1 December 2021, Winton’s intention was to use part of the $350m of new equity raised in

December 2021 for repayment of this facility.

Winton confirms it is now debt free with expected cash and cash equivalents exceeding $200m as

at 30 June 2022.

Ends.


For investor or analyst queries, please contact:

Jean McMahon, CFO

+64 9 869 2271

investors@winton.nz

For media queries, please contact:

Hugo Shanahan

+64 275 111 561 / hugo@shanahan.co.nz


About Winton

Winton is a residential land developer that specialises in developing integrated and fully

masterplanned neighbourhoods. Across Winton’s 12 masterplanned communities, Winton has a

portfolio of 28 projects expected to yield a combined total of circa 7,300 residential lots, dwellings,

apartment units, retirement village units and commercial lots. www.winton.nz

Winton listed on the NZX and ASX in 2021.

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.