Argosy refinances bank facilities
1
24.07.2025
Argosy refinances bank facilities
Argosy Property Limited (‘Argosy’ or ‘the Company’) has announced it has increased and extended its
syndicated bank facilities with ANZ Bank New Zealand Limited, Bank of New Zealand Limited,
Commonwealth Bank of Australia, Westpac New Zealand Limited and Industrial and Commercial Bank
of China (New Zealand) Limited.
The total amount of the bank facility has increased by $100m and is now $625m.
A new $100m 7 year tranche of debt, Tranche C, has been established which expires in July 2032.
Other tranches are now as follows:
Tranche A, $200m, expires in October 2028.
Tranche B, $225m, expires in October 2029.
Tranche D, $100m, expires in October 2030.
Argosy’s total funding tenor, including green bonds, is currently 3.6 years.
END.
Peter Mence
Chief Executive Officer
09 304 3411
pmence@argosy.co.nz
Dave Fraser
Chief Financial Officer
09 304 3400
dfraser@argosy.co.nz
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.
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