Kiwi Property Group Limited (KPG) has given notice that it proposes to make an offer for the issue of 6.5-year fixed-rate senior secured green bonds.

The bonds will be issued with equal ranking to KPG's existing NZ$500 million bonds, and KPG has confirmed they are in compliance with the relevant regulations.

ANZ Bank New Zealand Limited, Commonwealth Bank of Australia, Craigs Investment Partners Limited and Forsyth Barr Limited will act as arrangers, green bond co-ordinators and joint lead managers.

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