Cleansing Notice - PFI Retail Bond Offer

NZX and media
announcement
—
3 March 2025

Page 1

CLEANSING NOTICE – PFI RETAIL BOND
OFFER
Property for Industry Limited (PFI) gives notice under clause 20(1)(a) of schedule 8 of the Financial
Markets Conduct Regulations 2014 (Regulations) that it proposes to make an offer for the issue of 5.5-
year senior secured fixed rate bonds (Bonds) in reliance upon the exclusion in clause 19 of Schedule 1
of the Financial Markets Conduct Act 2013 (FMCA).

The Bonds will have identical rights, privileges, limitations and conditions (except for the interest rate
and maturity date) as PFI’s bonds maturing on 1 October 2025, which have a fixed interest rate of
4.25% per annum and are currently quoted on the NZX Debt Market under the ticker code PFI020
(Existing Bonds).

The Existing Bonds have been continuously quoted on the NZX Debt Market over the preceding three
months and trading in the Existing Bonds has not been suspended for a total of more than five trading
days during that three month period.

As at the date of this notice, PFI is in compliance with:

a) the continuous disclosure obligations that apply to it in relation to the Existing Bonds; and
b) its financial reporting obligations (as defined in clause 20(5) of Schedule 8 of the Regulations).

As at the date of this notice, there is no information that is “excluded information” required to be
disclosed for the purposes of the Regulations.

As at the date of this notice, there is no information that would be required to be disclosed under a
continuous disclosure obligation or which would be excluded information for the purposes of the
Regulations if the Existing Bonds had had the same interest rate or maturity date as the Bonds.

ENDS




ABOUT PFI & CONTACT

PFI is an NZX listed property vehicle specialising in industrial property. PFI’s nationwide portfolio of 91 properties is leased to
around 124 tenants.

For further information please contact:

SIMON WOODHAMS
Chief Executive Officer
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Phone: +64 21 749 770
Email: woodhams@pfi.co.nz
CRAIG PEIRCE
Chief Finance and Operating Officer
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Phone: +64 21 248 6301
Email: peirce@pfi.co.nz
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Property for Industry Limited
Level 4, Hayman Kronfeld Building, 15 Galway Street,
Auckland 1010
PO Box 1147, Shortland Street, Auckland 1140
www.propertyforindustry.co.nz