Quotation Notice – Precinct Properties NZ Ltd (“PCTHC”)
QUOTATION NOTICE: NZX DEBT MARKET
PRECINT PROPERTIES NEW ZEALAND LTD (“PCTHC”) NOTES
NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com
Company:
Precinct Properties New Zealand Limited (“PCT”)
Security Code:
PCTHC
ISIN:
NZPCTDG003C2
Details of Issue:
NZ $85 million subordinated, convertible notes
Offer Opening Date:
Monday, 4 September 2023
Offer Closing Date:
Thursday, 7 September 2023 – Priority Offer
Friday, 8 September 2023 – General Offer
Maturity Date:
Interest Rate:
Tuesday, 21 September 2027
7.53% per annum
Interest Payment Dates:
21 September, 21 December, 21 March, and 21 June of each
year
Date of First Interest Payment:
Thursday, 21 December 2023
First Interest Paid To:
Record Date:
Holder on Record Date
10 calendar days before the relevant Interest Payment Date, or if
that date is not a business day, the immediately preceding
business day
Minimum Application Amount: NZ$1,000 – for Priority Offer
NZ$5,000 – for General Offer
Minimum Holding:
Minimum Transferable Amount:
NZ$1,000
NZ$1,000
Face Value:
Supervisor:
Joint Lead Managers:
NZ$1.00 per bond
The New Zealand Guardian Trust Company Limited
Jarden Securities Limited as Lead Arranger and Joint Lead
Manager
Craigs Investment Partners Limited and Forsyth Barr Limited as
Joint Lead Managers
Trust Deed Dated: Master Trust Deed dated 27 November 2014 (as amended from
time to time) and Supplemental Trust Deed (2027 Notes) dated
25 August 2023 (as amended on 1 September 2023), and
replacement Product Disclosure Statement dated 1 September
2023
NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com
Issue Date:
Thursday, 21 September 2023
Registrar:
Computershare Investor Services Limited (“RMLT”)
Settlement Status:
NZCDC Settlement System
Expected Commencement of
Trading on the NZX Debt
Market:
Friday, 22 September 2023
Mark Peterson
Chief Executive Officer
NZX Limited
08 09 2023
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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